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This is a Business Opportunity, there is no real estate involved, the business is for sale along all equipment and lease terms.
Great opportunity to own a profitable business in the heart of Midtown. Featuring a well designed space with detailed finishes including top of the line equipment, Roto Flex oven, walking freezer, and more.
Business Acquisition: $ 399,000
Security Deposit replacement: 2 Months, $9,624.99.
Rental Rate: $45/SF/Year + $15/SF/Y CAM + 7% Sales tax, approximately $5,885/Month.
Term: 8 years left on the lease with a 10 year option, a total of 18 years.
Confidentiality Agreement required to receive information or show the property, do not disturb the business.
View Midtown Business Opportunity in a full screen map
This fast growing neighborhood became a center for shopping and dining, comprised of great restaurants and nation wide retail.
Being able to sit down in the movie theater and having your choice of food and drink delivered to your seat is just one of the perks New York-based developer Jack Cayre has in mind for a massive entertainment complex in Midtown.
According to the South Florida Business Journal, construction of the $60 million project—which would also include 220,000 square feet of retail and a 200-room boutique hotel—could begin next year.
Cayre said he’s finishing a negotiation to have a potential partner invest in the project. And he’s already looking for potential tenants for stores and restaurants.
Read more about Midtown entertainment block at: $60m entertainment block planned for Midtown
Located on approximately 26 acres and fronts North Miami Avenue, just north of downtown Miami and adjacent to Miami’s bustling design district. The Shops at Midtown Miami is visible from Interstate 195 (Julia Tuttle Causeway), the primary east-west arterial for traffic to and from Miami Beach, and is only half a mile east of Interstate 95, Florida’s dominant north-south freeway.