FOR LEASE MICRO RETAIL IN WYNWOOD 166 NW 29 ST

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1 FOR LEASE 166 NW 29 ST

2 PROPERTY OVERVIEW NW 29 STREET Benefit from high visibility, as this creative building sits at the entrance of Miami s hottest neighborhood and is within minutes from the Design District and Midtown. Join the renowned BXLDR craft beer market, and Ducati motorcycles. Take advantage of the unparalleled customer demographics that flock to this cultural neighborhood known for its street art, galleries and unique, creative retailers. NEIGHBORING TENANTS SPACE A SPACE AVAILABLE: 450 SF RENTAL RATE: $4,500 /MO SPACE B SPACE AVAILABLE: 350 SF RENTAL RATE: $2,500 /MO SPACE A SPACE B INVESTMENT HIGHLIGHTS AND MORE Minutes away from Midtown, Design District & Downtown Quick Access to I-95 & I-395 Walk Score: 92 (Walker s Paradise) Transit Score: 62 (Good Transit) SPACE C SPACE AVAILABLE: 350 SF RENTAL RATE: $2,500 /MO SPACE D SPACE AVAILABLE: 350 SF RENTAL RATE: $2,500 /MO SPACE E SPACE AVAILABLE: 350 SF RENTAL RATE: $2,500 /MO SPACE C SPACE D SPACE E 2

3 GATEWAY COMPLEX NW 2 AVE CAFE SPACE SUBJECT PROPERTY PUBLIC PARKING SUBJECT PROPERTY 3

4 VISUAL CONTEXT MAP 166 SUBJECT PROPERTY MAIN ARTERIES PROPOSED WOONERFS 4

5 RETAIL AREA Wynwood was upzoned from 36 units/acre to 150 units/acre in ,082 New Apartments 255K Commercial SF In Residential Developments 2,457 Parking Spaces BY THE NUMBERS Weekday Population: 10K/day Weekend Population: 30K/day PSYCHOGRAPHICS Urban Achievers Yuppies Concentrated in the nation s port cities, Urban Achievers are attracted to up and coming neighborhoods where wages are higher and jobs align with their values AGE INTERESTS VALUES LIFESTYLE ATTITUDES Bohemian Mix Artsy A collection of mobile urbanities, they represent the nation s most liberal lifestyles. Its residents are an ethnically diverse, progressive mix, of young singles, couples, families, from students to professionals Mutli-Culti Mosaic An immigrant gateway community, they are the urban home for a mixed populace of younger Hispanic, Asian, and African-American singles and families. Hipster Tourists Modern Nomads They value independence and trends. A Hipster is always looking for the next new thing, while being nostalgic about the old. Tourists can be from a Millennial to Empty Nesters and Baby Boomers looking for entertainment when travelling. Modern Nomads value travel and independence over stability. They usually make a living from business related to their travels Art, Music, Dining, Technology, Entertainment, Fitness. Independence, Innovation, Sustanability Urban, Foodies, Shoppers Trendsetters, Independent, Enterpreneurial Wynwood attracts these psychographics from all over the Miami Metropolitan Area, which includes Miami-Dade, Broward, and Palm Beach counties, spanning over a 60 Mile Radius and just over 6 Million habitants. Being the only neighborhood of its kind in South Florida, and one of the few in the world, Wynwood is a destination not only for South Florida locals but also for people around the world. Wynwood has been listed as one of the top coolest, hip, neighborhoods by publications and studies from Forbes, Vogue Magazine, and Cushman & Wakefield research to name a few. POPULATION Greater Downtown s resident population has doubled from 40,000 to over 80,000 since population 2000 with young professionals fueling that growth. YEAR % 40,000 Source: Miami DDA 80,000 X 2 In the past 15 years of people ages 25 to 44 make up our urban core population 1.5M People per Quarter 250,000 Parking Transactions in Q Most users in Miami. 15,000 Citibike Transactions in PARKING TRANSACTION CHANGE 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Source: DECO Bikes, Pay By Phone Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 5

6 FASHION SCOTCH & SODA BONOBOS WARBY PARKER MARINE LAYER ILLESTEVA BASICO NOMAD TRIBE KIT & ACE MIMO MARKET MALAQUITA DEL TORO INIVA BOHO HUNTER MARY SAINT PIERRE D KONCEPT SHADES LULU LABORATORY PLEASE DON T TELL RAPHAELLA BOOZ 6

7 FOOD & BEVERAGE ALTER COYO TACO PANTHER COFFEE DR SMOOD DINER KITCHEN & BAR JOEY S KYU KUSH MIAM CAFE FRESHII CONCRETE BEACH BREWERY GRAMPS WOOD TAVERN THE BAR NEXT DOOR JWB BREWERY SUVICHE YARD BUTCHER SHOP 7

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