31 NW 36 STREET DEVELOPMENT OPPORTUNITY W/ APPROVED PLANS FOR SALE MIDTOWN/DESIGN DISTRICT CONCEPTUAL RENDERING; CURRENTLY UNDER CONSTRUCTION

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Oliver Nicholson
5 years ago
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1 VLOPMNT OPPORTUNITY W/ PPROV PLNS NW STRT OR SL MITOWN/SIN ISTRIT PRSNT Y ONPTUL RNRIN; URRNTLY UNR ONSTRUTION

2 N N XUTIV SUMMRY PROPRTY TILS,00 S Lot sking Price: Zoning: Proposed Size: SRIPTION $,0,000 $ PS,00 S Proforma ap Rate:.% Proforma NOI: $,000 $ NNN evelopment Type: lt. ev. Potential: LL RWINS N WRITTN MTRILS HRIN ONSTITUT ORIINL WORK O TH RHITT N MY ONLY LIT WITH THIR WRITTN ONSNT T O Retail Office OWNLO ZONIN Hotel,000 S keys WLKWY Metro ommercial is proud to present for sale NW Street ( The RIHT IR LOIN STIR Property ). The Property consists of a,00 S lot and approved plans to build a twostory,,00 S retail/showroom project. Located adjacent to ddison House and across the street from Midtown Miami, this presents an ideal opportunity to develop at the entrance to the esign istrict. Midtown/Wynwood and the esign istrict are amongst the fastest growing neighborhoods in Miami s Urban ore, with over M Square eet of Luxury Retail in the esign istrict, over,00 residential VRTIL units in Midtown, and Wynwood being the PLNTR most sought after Retail ' - " SIWLK neighborhood in Miami. ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" 0' - 0" ' - 0". ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" L. PRKIN R WLKWY TNNT 0 TNNT 0 TRSH VRTIL PLNTR IR STIR LL RWINS N WRITTN MTRILS HRIN ONSTITUT ORIINL WORK O TH RHITT N MY ONLY LIT WITH THIR WRITTN ONSNT LOOR PLN L L //0 :: PM ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" 0' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" 0' - 0" ' - 0" " = 0'-0" IR STIR ' - 0" ' - 0" - ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0". - NW th STRT. ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" L. VRTIL PLNTR IR STIR round Level N O.T.. WLKWY PRKIN R RIHT LOIN WLKWY TNNT 0 TNNT 0 INVNTORY R SON LVL. ' - " SIWLK LOIN LIT ' - " SIWLK INVNTORY R SON LVL TRSH O.T.. OWNLO PLNS VRTIL PLNTR IR STIR IR STIR N RHITT: SL: PROJT NM: ' - 0" ' - 0" ' - 0" ' - 0" ' - 0" 0' - 0" ' - 0" SINTUR: ROR J LR R- TRIPTYH STUIO ' - 0" ' - IR STIR O.T.. NW th STR Second Leve " = 0'-0" PROPRTY RSS N.W. th ST MIMI, L. OWNR INORMTION Princess Park LL - - Permit Set NW STRT. - ndres Nava Jack onrad Tony ho PROURIN ROKR SHLL ONLY NTITL TO OMMISSION, LULT IN ORN WITH TH RTS PPROV Y OUR PRINIPL ONLY I SUH NW th STRT Sales ssociate President/O RMNT R ULLY N UNONITIONLLY STISI. LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS round Level " = 0'-0" ROM SOURS M RLIL, SUH INORMTION HS NOT N VRII N NO XPRSS RPRSNTTION IS M NOR IS NY TO IMPLI S TO TH Second URY THRO Level N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS OR INNIN, OR " = 0'-0" RSS: WSIT: ONTT: MIL: WITHRWL WITHOUT NOTI N TO NY SPIL ONITIONS IMPOS Y OUR PRINIPL. NW Street metro.com 0.. info@metro.com. - ISSU T: PROJT No.: RWN Y: PPROV Y: RVISIONS: NW th STRT PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH IN TH ROKR No. escription ate SHT TITL: 0//0 0-0 T.. &..P. & M.. irst loor Plan

3 PROORM VLOPMNT OWNLO XL NW St Purchase Price $,0,000 Land Size,00 Land Price PS $. Proposed Size fter apx,00 apx PS $ apital xpenditures $,0,000 djusted asis $,0,000 Yield To ost.% xit ap Rate.00% Leasing ees (%) Years on verage $, Vacancy Loss and ollection (%) $, PROORM Stabilization Hold xit Y Y Y Y Y Y Y Unit Use Lease Term Renewal Term Net Rentable Market Rent PS Renewal Rent PS round loor Retail/Showroom/Office Years Years,00 $.00 $ $ - $,000 $,0 $, $,0 $,000 Second loor Retail/Showroom/Office Years Years,00 $.00 $ $ - $,000 $,0 $, $,0 $,000 Total,00 $.00 $ - $,000 $,0 $ 0, $,0 $,0,000 $,, XPNSS Y (0) Y (00) Y (0) Y (0) Y (0) Y (0) Y (0) Taxes $,000 $,0 $, $, $, $, $,0 Insurance $ 0,000 $ 0,00 $ 0,0 $ 0, $, $, $, Total xpenses PS $. $. $.0 $. $. $. $. Total $,000 $,0 $,0 $, $ 00,0 $ 0, $ 0, TOTLS Y (0) Y (00) Y (0) Y (0) Y (0) Y (0) 0 ROSS INOM $,000 $,0 $ 0, $,0 $,0,000 $,, XPNSS (NNN, Passthrough to Tenant) $, NOI $ (,0,000.00) $ (,) $,000 $,0 $ 0, $,0 $,0,000 $,, ap Rate.% 0.% 0.% 0.%.% Return Metrics Investment nalysis Unlevered ash low (,0,000) $ (,) $,000 $,0 $ 0, $,0 $,0,000 $ $,, IRR.% ap Rate.% 0.% 0.% 0.%.% quity Multiple.0x Net ain/loss $,0,. uration Years xit (losing osts % & ommissions %) ebt Value $,0, Investment nalysis Levered LTV 0% Year xit Principal,, $ ebt Service 0,0 -$ 0,0 -$ 0,0 -$ 0,0 -$ 0,0 -$ 0,0 -$ 0,0 $ -$,, quity,, $ ash lows (,,000.00) $, -$, $,0 $ 0, $, $, $,, -$ $,, Term (Yrs) SR Payment per term ash on ash Return -0.%.%.%.0%.% 0.0%.% Rate.00% Return Metrics Levered quity Multiple -.x Net ain (Loss) $0,,0 uration Years RO.% Internal IRR 0.% Profit $ 0,,.0 NW STRT ndres Nava Jack onrad Sales ssociate Tony ho President/O PROURIN ROKR SHLL ONLY NTITL TO OMMISSION, LULT IN ORN WITH TH RTS PPROV Y OUR PRINIPL ONLY I SUH PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH IN TH ROKR RMNT R ULLY N UNONITIONLLY STISI. LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS ROM SOURS M RLIL, SUH INORMTION HS NOT N VRII N NO XPRSS RPRSNTTION IS M NOR IS NY TO IMPLI S TO TH URY THRO N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS OR INNIN, OR RSS: WSIT: ONTT: MIL: WITHRWL WITHOUT NOTI N TO NY SPIL ONITIONS IMPOS Y OUR PRINIPL. NW Street metro.com 0.. info@metro.com

4 MRKT NLYSIS OMPRL SLS I Property ddress Price Per S Price Per S Land ldg S Land rea S Sale Price Sale ate Zoning 00 N ve $,00. $,.,, $,000,000 //0 T- O N Miami ve $,0.0 $,0.,0, $,00,000 //0 T- O 0 N ve $,. $,.,,0 $,,00 //0 T- O 0 N Miami ve $,. $,.,,0 $,000,000 //0 T- O N Miami ve $. $,0. 0,00, $ 0,00,000 //0 T L 0 N ve $,.0 $,0.0,, $,0,000 //0 T- O - N ve $,. $.,,0 $,00,000 //0 T- O N ve $. $.,,0 $,000,000 //0 T-a O 0 iscayne lvd $,. $.0, 0, $,000,000 //0 T-a O 0 00 N iscayne lvd $ - $. -,0 $,,000 //0 T-a O 0 iscayne lvd $.0 $.,0, $,0,000 //0 T-a O OMPRL LSS Property ddress Tenant Size ate Signed Rental Rate Lease Type Term N ve rown Jordan,00 Q0 $ 00 NNN 0 Years 0 N Miami ve Orlean,00 Q0 $ 0 NNN Years 0 N Miami ve athso,00 Q0 $ 00 NNN Years 0 N ve hee,00 Q0 $ 00 NNN Years 00 N ve Istituto Marangoni,000 Q0 $ 00 NNN 0 Years N venue natomy 0,000 Q0 $ NNN 0 Years N ve ity urniture,00 Q0 $ Mod ross 0 Years 00 N Miami ve ddison House,00 Q0 $ 0 NNN 0 Years MITOWN MORPHIS SOUR: OSTR Population Mile Mile Mile 0 Total Population: 0,,, 0 Population:,,0, Pop rowth 0-0:.%.%.0% verage ge: Households 0 Total Households:,,, HH rowth 0-0:.%.%.% Median Household Inc: $, $, $, vg Household Size: vg HH Vehicles: Housing Median Home Value: $0, $,0 $, Median Year uilt: 0 NW STRT ndres Nava Jack onrad Sales ssociate Tony ho President/O PROURIN ROKR SHLL ONLY NTITL TO OMMISSION, LULT IN ORN WITH TH RTS PPROV Y OUR PRINIPL ONLY I SUH PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH IN TH ROKR RMNT R ULLY N UNONITIONLLY STISI. LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS ROM SOURS M RLIL, SUH INORMTION HS NOT N VRII N NO XPRSS RPRSNTTION IS M NOR IS NY TO IMPLI S TO TH URY THRO N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS OR INNIN, OR RSS: WSIT: ONTT: MIL: WITHRWL WITHOUT NOTI N TO NY SPIL ONITIONS IMPOS Y OUR PRINIPL. NW Street metro.com 0.. info@metro.com

5 MITHLL OL + W SIN ISTRIT ISTRIT ITY URNITUR SLP NUMR NW VLOPMNT, S RTIL + OI STN MILY LIM OUTOOR ISON HOUS TRIPTYH HOTL MITOWN TRT WST LM NORSTROM RK + MOR POLTRON RU MSON NW STRT ndres Nava Jack onrad Sales ssociate Tony ho President/O PROURIN ROKR SHLL ONLY NTITL TO OMMISSION, LULT IN ORN WITH TH RTS PPROV Y OUR PRINIPL ONLY I SUH PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH IN TH ROKR RMNT R ULLY N UNONITIONLLY STISI. LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS ROM SOURS M RLIL, SUH INORMTION HS NOT N VRII N NO XPRSS RPRSNTTION IS M NOR IS NY TO IMPLI S TO TH URY THRO N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS OR INNIN, OR RSS: WSIT: ONTT: MIL: WITHRWL WITHOUT NOTI N TO NY SPIL ONITIONS IMPOS Y OUR PRINIPL. NW Street metro.com 0.. info@metro.com

OWNLO PLNS PPROV PLNS NW STRT ndres Nava Jack onrad Sales ssociate Tony ho President/O

ONLY I SUH PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH

LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS ROM SOURS M RLIL, SUH

N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS

6 OWNLO PLNS PPROV PLNS NW STRT ndres Nava Jack onrad Sales ssociate Tony ho President/O PROURIN ROKR SHLL ONLY NTITL TO OMMISSION, LULT IN ORN WITH TH RTS PPROV Y OUR PRINIPL ONLY I SUH PROURIN ROKR XUTS ROKR RMNT PTL TO US N OUR PRINIPL N TH ONITIONS S ST ORTH IN TH ROKR RMNT R ULLY N UNONITIONLLY STISI. LTHOUH LL INORMTION URNISH RRIN PROPRTY OR SL, RNTL, OR INNIN IS ROM SOURS M RLIL, SUH INORMTION HS NOT N VRII N NO XPRSS RPRSNTTION IS M NOR IS NY TO IMPLI S TO TH URY THRO N IT IS SUMITT SUJT TO RRORS, OMISSIONS, HN O PRI, RNTL OR OTHR ONITIONS, PRIOR SL, LS OR INNIN, OR RSS: WSIT: ONTT: MIL: WITHRWL WITHOUT NOTI N TO NY SPIL ONITIONS IMPOS Y OUR PRINIPL. NW Street metro.com 0.. info@metro.com

7 VLOPMNT OPPORTUNITY W/ PPROV PLNS NW STRT OR SL MITOWN/SIN ISTRIT PRSNT Y ONPTUL RNRIN; URRNTLY UNR ONSTRUTION

PRELIMINARY CHILLED WATER CONNECTION 2 POWER CABLE CONNECTION 2 GROUND CONNECTION INTERFACE PANEL REVERSE TRIMETRIC VIEW PFMIEA205C1N10A SHEET 1 OF 7

PRELIMINARY CHILLED WATER CONNECTION 2 POWER CABLE CONNECTION 2 GROUND CONNECTION INTERFACE PANEL REVERSE TRIMETRIC VIEW PFMIEA205C1N10A SHEET 1 OF 7 RVISIONS RV. SUIX O # SRIPTION T PPROV - - RLS TO PROTOTYP 5 JUL J. RS - - ON INROW OOLR; RVIS UMIIIR 9 U J. RS PRLIMINRY - - RVIS LTRIL ISTRIUTION QUIPMNT SP J. LUNTZ ILL WTR ONNTION POWR L ONNTION ROUN