NNN Investment at One Flagler Building

14 NE 1st Ave, Miami, FL 33132

  • For Sale $10,500,000
  • Property Type Retail - Street Retail
  • Property Size 21,521 SF
  • Year Built 1952
  • Date Updated Feb 8, 2024
The One Flagler building has graced Miami’s Business District since its creation in 1952. Totally renovated in 2015, and successfully sold out during the condo conversion process in less than 2 years. Located in Miami’s downtown bustling epicenter, packed with gleaming skyscrapers, sweeping bay views, and hidden places to explore. It’s a neighborhood of layers—decades of history overlapping and colliding; tourism destinations like Port of Miami alongside local favorites like American Airlines Arena, home to the Miami Heat; century-old buildings among new pockets of young residents who call the neighborhood home.FA Commercial is pleased to exclusively present the ground floor retail and 2nd floor office as a NNN investment. The sale includes 6 ground floor retail tenants such as First American Bank & Metro by T-Mobile, while the 2nd floor is fully leased to the City of Miami. The deal has a lot of upside, with the potential to increase future rents and convert gross leases to NNN, making it a true value add play. Surrounded by the major developments in the area such as Miami World Center, Waldorf Astoria, and the Aston Martin Residences.Luxury Office unit is available for lease. Located in a historical masterpiece building recently renovated, the building hosts cutting-edge technology in its amenities and design while maintaining the iconic character that has set apart the building since its construction Amid the excitement and energy of Miami’s Central Business District, One Flagler stands as a masterpiece of mid-century modern design.

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Highlights

  • Tenants: 7 tenants (6 ground retail & 1 second floor)
  • Floors: 2 ( Ground floor & 2nd Floor)
  • Premium downtown location
  • Close to premium restaurants and leisure spots of Downtown and Brickell Area
  • Tenants: First American Bank, City of Miami, Metro by T-Mobile.
  • Possible to purchase together or separate

Contacts

broker

Fabio Faerman, CCIM

FA Commercial

(786) 262-9966

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Miami, FL
  • Neighborhood Downtown Miami
  • Zip Code 33132
  • Market Miami

Points of Interest

  • Miami Avenue

    0.11 miles

  • First Street

    0.17 miles

  • Knight Center

    0.18 miles

  • Third Street

    0.19 miles

  • Riverwalk

    0.24 miles

  • College/Bayside

    0.26 miles

  • Government Center

    0.27 miles

  • College North

    0.31 miles

  • MiamiCentral

    0.31 miles

  • Bayfront Park

    0.31 miles

  • Shell

    0.77 miles

  • Valero

    1.18 miles

  • Marathon

    1.50 miles

  • Marathon

    1.50 miles

  • ChargePoint Charging Station

    1.62 miles

  • Sunflex

    1.80 miles

  • U Gas

    1.89 miles

  • U Gas

    2.01 miles

  • Valero

    2.05 miles

  • BP

    2.39 miles

  • Lot 41

    0.13 miles

  • MDC Garage- G2

    0.16 miles

  • Garage 3

    0.17 miles

  • Lot 43

    0.18 miles

  • Garage 1

    0.20 miles

  • Garage 2

    0.21 miles

  • Lot 19-5

    0.29 miles

  • Lot 19-4

    0.29 miles

  • Lot 19-6

    0.30 miles

  • Lot 19-3

    0.31 miles

  • KFC

    0.05 miles

  • Motek - Mediterranean Cafe & Restaurant

    0.05 miles

  • New York Bagel Deli

    0.08 miles

  • Vero italian

    0.08 miles

  • Giardino Gourmet Salads

    0.10 miles

  • Meraki Greek Bistro

    0.10 miles

  • Wok Town

    0.11 miles

  • Manna Life Food

    0.11 miles

  • Alloy Bistro Gourmet

    0.12 miles

  • Camila's Restaurante Brasileiro

    0.12 miles

  • Ross

    0.08 miles

  • Marshalls

    0.22 miles

  • Whole Foods Market

    0.22 miles

  • Ross

    0.29 miles

  • Carribean Life

    0.42 miles

  • Bayside Marketplace

    0.46 miles

  • Brickell City Centre

    0.51 miles

  • MIAMI Vice City | Sex & Smoke Shop

    0.61 miles

  • Babados FOR NOW! Wholesales

    0.61 miles

  • Publix

    0.66 miles

Frequently Asked Questions

What is the lease rate for NNN Investment at One Flagler Building?

Rental asking rate at NNN Investment at One Flagler Building is $5,250,000.00/YR.

What is the total square footage of NNN Investment at One Flagler Building?

NNN Investment at One Flagler Building totals 21,521 square feet.

When was this property built?

NNN Investment at One Flagler Building was built in 1952.

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Contact Listing Broker

broker

Fabio Faerman, CCIM

FA Commercial

(786) 262-9966