• Address: 560 Lincoln Rd, Miami, FL 33139 (map)
• Date Posted: 11/05/09

For Sale: 560 Lincoln Road Miami. A 4-story 31,343 square foot building in South Beach. Credit Tenants in place
Features
Square Footage: 33,000
Building Class: A
Pricing
Price: $49,000,000.00
Description
Property Description:

560 Lincoln Road consists of a 4-story 31,343 square foot building containing 14,521 square foot of ground floor retail space, 3 stories (16,822 square feet) of office space, and an 8,000 square foot parking lot in the rear of the building. The Property is anchored by recently-signed Guess? Inc. (NYSE: GES) and international fragrance boutique L' Occitane.


With the Property' s anchor in place for at least a 10 year period, plus minimal vacancy, and with upward-trending market rental rates, 560 Lincoln Road is a stabilized asset that also has upside for long-term investment return growth.


Signned Confidentiality Agreement/Buyer Registration is required to receive an Offering Memoradum.


Lincoln Road runs east and west between 16th Street and 17th Street on Miami Beach. Once open to vehicular traffic, Lincoln Road is now closed to traffic between Washington Avenue and Alton Road. In that area, Lincoln Road

is a popular pedestrian mall lined with shops, world-reknowned restaurants, sidewalk cafes, bars and galleries

Contact: CHARIFF REALTY GROUP | 305-576-7474
For additional information, see: http://www.vflyer.com/home/crlk?id=1689068&ps=16 or reply to this ad.