P r i m e P r o d u c t i o n & B r o a d c a s t i n g S t u d i o A V A I L A B L E F O R L E A S E

Transcription

1 P r i m e P r o d u c t i o n & B r o a d c a s t i n g S t u d i o A V A I L A B L E F O R L E A S E T E L E M U N D O S T U D I O S 7355 & 7400 NW 41 st Street MIAMI, FLORIDA E X C L U S I V E L E A S I N G A G E N T S : Tony DeRosa President T: E: Tony@WestVest.com David Rosen Senior Associate T: P A G E 1 E: DRosen@WestVest.com

2 EXECUTIVE SUMMARY P A G E 2

3 L E A S I N G O P P O R T U N I T Y T E L E M U N D O P R O D U C T I O N S T U D I O S In 2003, Telemundo Studios began producing original content from this location. This Production Studio was responsible for the development, production and post-production of scripted programming for Telemundo media and they produced an average of 800 hours per year, about 4 to 5 projects which usually overlapped at some point during production. The Telemundo Studios consists of flex industrial space with five fully equipped and functional stages and a large back lot with the necessary infrastructure to create anything imaginable inside the facilities. Included in this lease offering is FF&E related (available upon request). A V A I L A B L E ±82,000 SF of Flex Space with additional ±3 AC parcel currently used as parking (3.95/1,000 SF) U S E TV Movie Production Broadcasting L E A S E T Y P E NNN R E N T A L R A T E Negotiable O C C U P A N C Y Currently occupied by Telemundo; Available for lease commencing April 2018 I N C E N T I V E S Potential State and County economic development incentives available P A G E 3

4 P R O P E R T Y O V E R V I E W P R O P E R T Y A D D R E S S 7355 NW 41 st Street and 7400 NW 41 st Street in Miami, Florida T O T A L S Q U A R E F E E T ±82,000 SF of Flex Space Y E A R B U I L T 1982 H E I G H T Studios have 22 foot high grid heights I T I S I N T H I S L O C A T I O N W H E R E T E L E M U N D O S T U D I O S B E G A N P R O D U C I N G O R I G I N A L C O N T E N T. S I N C E , O V E R 5 0 P R O J E C T S H A V E B E E N P R O D U C E D. S I T E ±245,461 Total SF or ±5.64 acres (inclusive of additional parking lot across the street from the building). P A R K I N G ±324 Surface, including 22 fleet trucks spaces-on site and across the street (Parking Ratio of 3.95 per 1,000 SF). F O R M E R T E N A N T U S E Currently operating as the Telemundo Studios Production and Broadcast Facility (NBC/Universal). Telemundo is moving to their new build to suit thus vacating the property. This facility has five (5) production studios and offers cutting edge broadcast studio and production Infrastructure and includes FF&E including set production, studios, storage areas, renovated dressing rooms, fully upgraded restaurant/cafeteria with kitchen. The Property offers ramps leading into building for production vehicle use. L O C A T I O N The Property is centrally located in Miami Dade County in the Airport West submarket, a highly dynamic commerce area just east of Doral and only ±1.5 miles from Miami Int l Airport. A C C E S S I B I L I T Y The Property has excellent accessibility due to its close proximity to three of Miami s major highway thoroughfares (SR 826, SR 836 and the Florida Turnpike. Miami International Airport is less than 10 minutes away. P A G E 4

5 S T U D I O F E A T U R E S F I V E ( 5 ) P R O D U C T I O N S T U D I O S S T A G E A ±11,712 SF, 1,200 Amps, 22 grid height S T A G E B ±5,605 SF, 1,200 Amps, 22 grid height S T A G E C ±5,487 SF, 1,200 Amps, 22 grid height S T A G E D ±5,487 SF, 1,200 Amps, 22 grid height S T A G E E ±1,485 SF, 1,200 Amps, 22 grid height B U I L D I N G S Y S T E M S A I R C O N D I T I O N I N G 37 individual A/C units F I R E S A F E T Y 15 separate Zones including 22 overall Fire Safety Devices S E C U R I T Y Fully secured with guard gate access enforced by on-site security guard. A total of 35 security cameras with electronic access throughout. R O O F Roof warranty through 2031 P A G E 5

6 S T U D I O I N T E R I O R P A G E 6

7 FLOORPLANS P A G E 7

8 S I T E P L A N P A G E 8

9 F I R S T F L O O R P A G E 9

10 S E C O N D F L O O R P A G E 10

11 LOCATION P A G E 11

12 D R I V E T I M E M A P 5, 10, 15 M I N U T E C O M M U T E 10, 20, 30 M I N U T E C O M M U T E P A G E 12

13 S T U D I O A E R I A L ±43,939 VPD ±204,559 VPD N C e n t r a l l y l o c a t e d i n M i a m i - D a d e C o u n t y w i t h i n t h e A i r p o r t W e s t s u b m a r k e t, a h i g h l y d y n a m i c c o m m e r c e a r e a j u s t m i n u t e s f r o m D o r a l, M i a m i I n t e r n a t i o n a l A i r p o r t a n d t h e P a l m e t t o E x p r e s s w a y. P A G E 13

14 S T U D I O A E R I A L N ±43,939 VPD P A G E 14

15 E X P A N D E D A E R I A L FORMER DORAL WHITE COURSE ±130-AC Approved Development Site ±2,700 Units, ±1M SF Commercial N ±204,559 VPD ±62,983 VPD ± 1. 3 m i l e s f r o m C i t y P l a c e D o r a l ± 1. 5 m i l e s f r o m M i a m i I n t l A i r p o r t ± 2 m i l e s f r o m T r u m p N a t i o n a l D o r a l ± 2. 3 m i l e s f r o m D o w n t o w n D o r a l ± 6 m i l e s f r o m D o l p h i n M a l l ± 6. 5 m i l e s f r o m I n t e r n a t i o n a l M a l l ± m i l e s f r o m D o w n t o w n / B r i c k e l l ± 13 m i l e s f r o m M i a m i B e a c h P A G E 15

16 M A R K E T OVERVIEW P A G E 16

17 M I A M I - D A D E C O U N T Y Miami continues to prove it offers more than an idyllic climate and lush surroundings. Due to Miami s convenient location, it has established itself as Gateway to Latin America, cultivating international trade and business. The county population continues to grow, currently with 2.6 million people, positioning Miami-Dade as the second most populous county on the east coast. Miami Dade is ranked as the largest metro area in the state of Florida. Miami-Dade is situated on the lower east coast of Florida, the third largest land area of all Florida counties. Miami is bordered by the Florida Everglades on the west and the Atlantic Ocean on the east. There are 84 miles of Atlantic Coastline and 67 square miles of inland water areas. Greater Miami offers exceptional natural assets, including an ideal yearround climate, renowned beaches and world class attractions. Miami serves a large and diverse market and attracts numerous visitors every year traveling through car, plane, and vessel and creating an economic impact to the entire local economy. Miami-Dade attracts nearly 14 million visitors annually, almost half being international. Miami is the second top destination in the USA for international tourists and has consistently ranked among the top five preferred destinations in the USA for international travelers since According to The Greater Miami Annual Report (2106), an estimated, record-high 15.7 million visitors spent at least one night in Greater Miami and the Beaches during January- December Miami International Airport closed out 2016 by setting a new alltime record for passengers with early 44.6 million travelers passing through the airport during 2016, surpassing the previous record of 44.3 million passengers in The PortMiami is the world s busiest cruise port, with over 4 million passengers per year. The world s largest cruise lines are based in Miami. MIA provides the PortMiami with over 70% of its passenger base. P A G E 17

18 M I A M I - D A D E C O U N T Y I n , t h e o f f i c e & i n d u s t r i a l m a r k e t s i n M i a m i - D a d e c o n t i n u e d t o r e t a i n a n d a t t r a c t m a j o r c o m p a n i e s w a n t i n g a f o o t h o l d i n t h e g a t e w a y t o L a t i n A m e r i c a. Miami Dade is often referred to as Americas Gateway City to Latin America and the Caribbean. Miami Dade stands at the intersection of the Americas and the rest of the world and is home to over 1,200 multinational businesses. T H E B U S I N E S S M A R K E T With an exceptional international business base, Miami- Dade is the hemispheric center for commerce in the Americas, facilitated by extensive business infrastructure and a multicultural, multilingual population. Miami excels in international trade and finance and serves as the base for transactions between North America and the world with the Latin American/ Caribbean region. There are over 1,000 multinational corporations in the area, of which more than 600 companies maintain Latin American headquarters. T R A D E A N D C O M M E R C E R E C O G N I T I O N #1 City in Miami-Dade County with over 3,000 logistic-related companies supporting national and international trade #1 Tile District in the United States Miami International Airport named #1 in international freight Miami International Airport total employment represents approximately ±272,000 direct and indirect jobs The Port of Miami has an Economic Impact of ±$27 billion and ± 207,000 Direct/Indirect Jobs to South FL Miami Free Zone, offering ±750,000 square feet of duty free warehouse for re-exported goods With the third largest consular corps in the USA, greater Miami has 55 foreign consulates, 30 binational chambers of commerce and 18 foreign trade offices. In international trade finance and investment, Miami has the largest concentration of domestic and international banks south of New York City, with approximately 87 financial institutions and 33 foreign bank agencies. International trade and logistics is one of Miami s top two leading industries, with MIA s air trade value reaching ±$68.5 billion during P A G E 18

19 C I T Y O F D O R A L Doral is one of South Florida s most dynamic cities and has experienced rapid growth and development since its incorporation in Doral is the premier location in South Florida to live, work, learn and play. Doral was ranked by Fortune Small Business and CNN Money as a city with the best mix of business advantages and lifestyle appeal. Driving through Doral, the blend is clearly visible; streets are lined with warehouses, commercial centers, residential communities and restaurants in equal measure. Conveniently located just one mile from Miami International Airport and twelve miles from Downtown Miami, Doral is home to approximately ±50,213 residents and regularly hosts in excess of ±150,000 people who work within the City. Recent developments like City Place (±1.3 miles from Property) and Downtown Doral (±2.3 miles from Property) have brought new levels of design sophistication and urban density to parts of the City. Doral is one of few cities in Miami-Dade County with significant residential, commercial and industrial areas, and is an employment hub which generates tremendous amounts of traffic on a daily basis. Doral s population is highly diverse and well educated, with more than 96% having completed high school and more than 55% with bachelor s degrees. In addition, 90% of Doral s residents are multilingual and every public and charter school in Doral has received an A rating. The heart of the Doral community is the spectacular PGA tour stop and luxury resort, the Trump National Doral Miami. The World Golf Championships, held annually at the Trump National Doral Miami, is a must-stop on the PGA tour. The resort is home to five championship golf courses, a tennis center and a spa. Doral is one of the area's fastest-growing cities, and it routinely appears on the annual "best of" lists of various national publications. With 250 corporate headquarters and 100 multinational corporations, Doral means business. In addition, the city is home to the Miami Free Zone, one of the largest privately owned and operated foreign trade zones in North America. Over 150,000 employees come to work every day in Doral. Home to Fortune 500 companies and government headquarters included those listed herein. P A G E 19

20 C I T Y O F D O R A L R E C E N T R E C O G N I T I O N 3rd Fastest Growing City in United States (2014 Census) Best City in Florida for Business Start-ups by BusinessWeek #1 Best place to invest in real estate in Florida by NerdWallet Named #2 of America's Top 25 towns to live well for its cultural amenities pro-business environments, and highly educated workforce by Forbes.com Awarded Playful City USA Awarded Tree City USA Recognized for Performance Management Success by ICMA Center for Performance Measures City of Doral Ranks 51 st in Top 100 Places to Live and Launch a Business in the United States by CNNMoney.com Named the 3 rd Best Place in the USA to Retire by US News & World Report ±96.4% of residents would recommend Doral as a place to live and work and 95.6% rated the quality of life as good/excellence P A G E 20

21 M I A M I I N T L A I R P O R T P R E M I E R I N T E R N A T I O N A L A I R P O R T ± SOURCE: Miami-Dade Aviation Department Annual Report 2016 ± T H I S P R I M E P R O D U C T I O N & B R O A D C A S T I N G S T U D I O I S L O C A T E D O N L Y 7 M I N U T E S F R O M M I A M I I N T L A I R P O R T W I T H ± 44 M I L L I O N V I S I T O R S. P A G E 21

22 M I A M I I N T L A I R P O R T M I A F A C T S A T A G L A N C E F l i g h t O p e r a t i o n s (2016) Domestic: 216,470 International: 195,535 Total: 412,005 P a s s e n g e r s (2016) Domestic: 23.2 million International: 21.4 million Total: 44.6 million Weekday Daily Average: 117,534 passengers Weekend Daily Average: 127,808 passengers Weekly Average: 844,754 passengers F r e i g h t (2016) International: 1,892,732 U.S. Tons Domestic: 287,953 U.S. Tons Total: 2,180,684 U.S. Tons N u m b e r o f D e s t i n a t i o n s (1Q2017) Non-Stop Domestic: 54 International: 107 Total: 161 C a p i t a l I m p r o v e m e n t P r o g r a m MIA's $6.4 billion Capital Improvement Program (CIP) is completed, encompassing all aspects of airport operations, from the Terminal and roadways to the cargo facilities and the airfield. T e r m i n a l Extending from MIA s Central terminal, the South and North Terminals have added over 4 million square feet to MIA s existing 3.5 million square feet of space (The South Terminal adds 1.7 million SF and the North Terminal encompasses more than 3.8 million SF). The North, Central and South Terminals have a total of 130 gates, with 104 international capable gates and 26 domestic gates, and a total of 645 ticket counters. C a r g o MIA s cargo facilities encompass eighteen (18) cargo buildings with over 3.4 million square feet of warehouse, office and support space. Apron space is presently 4.4 million square feet, with 41 common-use cargo positions and 31 leased cargo positions. P A G E 22

23 D E N S E H O S P I T A L I T Y P O I CityCentre Doral FORMER DORAL WHITE COURSE ±130-AC Approved Development Site ±2,700 Units, ±1M SF Commercial Hyatt Place Miami Airport West Doral ATRIUM REDEVELOPMENT ±350 Residential Units Courtyard Marriott Quality Inn Hampton Inn Homewood Suites by Hilton La Quinta Inn Hilton Garden Motel 6 A n e s t i m a t e d, r e c o r d - h i g h ± m i l l i o n v i s i t o r s s p e n t a t l e a s t o n e n i g h t i n G r e a t e r M i a m i a n d t h e B e a c h e s d u r i n g J a n u a r y - D e c e m b e r a n d s p e n t a n e s t i m a t e d $ b i l l i o n i n d i r e c t e x p e n d i t u r e s. P A G E 23

24 P O R T M I A M I The Port of Miami handles more than 25 shipping lines to over 100 countries and 250 ports around the world. PortMiami has recently completed a multi-phase Capital Improvement Plan that includes a twin tube tunnel which directly links access to interstate highways; an on-dock rail system providing direct rail access, and a deep dredge project which will widen and deepen the channel to accommodate the largest class of cargo vessels. As a result of the world class facilities like Miami International Airport and PortMiami, Miami-Dade County is a global center for international trade. Imports and exports have grown dynamically. Total trade including MIA and PortMiami through Miami Customs recorded over $125 Billion. Miami Customs is consistently ranked in the top 10 in the USA. C A R G O F A C T S PortMiami is one of the world s leading hubs for global commerce and tourism. Its gateway location in the center of the Western Hemisphere makes the Port a significant conduit for international trade and commerce. PortMiami stands as the U.S. container port closest to the Panama Canal, providing shippers fast access to Florida s booming local consumer base and the entire U.S. market. Capital improvements in excess of $1 billion are now complete. PortMiami is ready for the new generation of containerized cargo and is now big ship ready! C A R G O F A C T S PortMiami is located in Miami-Dade County, one of the most diverse, multilingual populations in the U.S. making Greater Miami one of the world s most ideal centers for international trade and tourism 12th Busiest Container Port in the United States Among the Top Container Ports in Florida with more than 876,000 TEUs in 2014 Cruise Capital of the World with more than 4.77 million passengers in ,000 daily passengers Economic Impact: $27 billion and 207,000 Direct/Indirect Jobs to South Florida C R U I S E F A C T S PortMiami, the Cruise Capital of the World, continues to expand as the world's leading cruise port. In 2016, PortMiami processed over 5.1 million multi-day passengers more than any other port in the world. With 18 cruise brands berthing 42 ships PortMiami is clearly the departure destination of choice for cruises to the Bahamas, the Caribbean, Mexico and beyond, offering cruise vacations for every taste and budget -- from family fun to luxury cruising. P o r t M I A M I E N J O Y S T H E D U A L D I S T I N C T I O N A S T H E C R U I S E S H I P C A P I T A L O F T H E W O R L D A N D T H E C A R G O G A T E W A Y O F T H E A M E R I C A S. P A G E 24

25 A R E A T R A N S P O R T A T I O N M I A M I H I G H W A Y S Miami Dade Counties highway infrastructure is an extensive network of roads and highways that connect major employment hubs like Miami International Airport and PortMiami to residential suburbs. This roadway network includes the Florida Turnpike, Interstate 95, State Road 826 (Palmetto), State Road 836 (Dolphin), State Road 821 (Turnpike Homestead Extension) and State Road 874 (Don Shula). Among the twelve largest urban statistical areas, Miami has the most efficient road system. The City of Doral occupies a land area of 15 square miles and is bounded by SR-826 (Palmetto Expressway) to the east, SR-836 (Dolphin Expressway) and City of Sweetwater to the south, SR-821 (Florida s Turnpike) to the west and NW 90th St/NW 58th Street and the Town of Medley to the north. Doral is located just to the north-west of Miami International Airport (MIA). It is estimated that ±93.3% of Doral's workers commute by car on average ±27 minutes (2012 US Census). M I A M I P U B L I C T R A N S P O R T A T I O N Miami Dade Counties public transportation consists of the Metromover, Metrorail, Metrobus and a trolley network. Metromover is a 4.4 mile elevated tram system which serves Downtown Miami connecting the Central Business District and financial district to the entertainment district with museums, theatre of the performing arts and American Airlines ArenaMetrobus has over 90 routes with over 1,000 buses covering over 41 million miles per year. The Miami-Dade Transit (MDT) Metrobus system currently services Doral via Routes 7, 36, 71, 87, 95, 132, 137, and 238. D O R A L T R O L L E Y S Y S T E M The Doral Trolley System, a free fare service launched on February 1, 2008, is a local circulator which serves the city through three routes (R1, R2, and R3), with route R1 providing connector service to MDT Metrobus routes at Miami International Mall and routes R2 and R3 providing connector service to the Metrorail via the Palmetto MetroRail Station in Medley. P A G E 25

26 T E L E M U N D O S T U D I O S 7355 & 7400 NW 41 st Street MIAMI, FLORIDA E X C L U S I V E L E A S I N G A G E N T S : Tony DeRosa President T: E: Tony@WestVest.com David Rosen Senior Associate T: P A G E 26 E: DRosen@WestVest.com