one plaza west | office spaces · 2018-06-14 · laminate wood flooring throughout . 601 laminate...

ONE PLAZA WEST | OFFICE SPACES1818 SW 1ST AVE, MIAMI, FL, 33129

1818 SW 1ST AVE, MIAMI, FL, 33129

ONE PLAZA WEST | OFFICE SPACES

• Offices spaces from 837 SF to 1,570 SF• Lease type: Modified Gross•Valet monthly expense of $120 per month• Minimum Lease Requirement: 12 Months• Access to the neighboring Adrienne Arsht Center for the Performing Arts, Arts& Science Museums and Miami World Resort for shopping and entertainment along with amyriad of dining options and boutiques• Minutes to beaches, the financial district, Design District, Wynwood and Midtown,Miami International Airport, Coconut Grove, and Coral Gables

65-75 PSF NNN

Herz Dupond Real Estate Group is pleased to offer spaces for lease in One Plaza West, the space is available for office and retail. The property itself is not available for sale. There is already ground spaces serving as retail.

The property is located one block away from Mary Brickell Village, walking distance to 5 star hotels, restaurants and Brickell City Centre. One Plaza West is also strategically located nearby to public transportation such as the Metro Rail and Metro Mover stations. These two trains are the main public transportation services within and in and out of Miami. The two stations generate heavy pedestrian traffic around One Plaza West.

LOCATION AND ACCESSYou’ll quickly notice that the One Plaza West is one of the closest buildings to Mary Brickell Village, full of bars and restaurants and generally a great spot to socialize with friends, family or co-workers. You can also walk to the Metromover station nearby and explore neighboring areas without having to deal with traffic. The Brickell area has much to see and explore and that increases exponentially once you take into account Downtown Miami which is also near the One Plaza West.

THE BUILDINGIn the heart of Miami’s downtown financial district, One Plaza West Brickell a residential and commercial building consisting of 21 floors with 188 residential units and 37 commercial units. This unique property is strategically located at the nexus of Central and South Miami between Downtown, Brickell, Coconut Grove and Coral Gables. From the glass enclosed units of One Plaza West Brickell, gorgeous vistas of the Brickell Skyline, Biscayne Bay and the ocean, defining the day to day experience of those who live and work in the property. Construction broke ground in March 2008 and was completed and operating in April 2009.

The first six stories are retail; with the ground floor exclusively retail while floors 2-6 are offices. The residential units are above the office space. There is a separate entrance, lobby and elevators for the office units. The building is strategically located West Brickell so tenants can have an office in Brickell but away from the hustle and bustle of traffic. The building is easily accessible near North/South I-95 (which is one traffic light away), Coral Way, Brickell, and Key Biscayne.

Executive Summary

Property PicturesAvailable Units

201

OPEN FLOOR PLAN, BEAUTIFUL LIGHT COLOR

LAMINATE WOOD FLOORING THROUGHOUT.

601

LAMINATE WOOD FLOORING THROUGOUT AND

FLOOR TO CEILING WINDOWS WITH GREAT

501

LAMINATE WOOD FLOORING THROUGHOUT,

WIRING FOR SOUND SYSTEM IN PLACE.

506

604

OPEN FLOOR PLAN WITH DARK CARPET

THROUGHOUT. GREAT EAST VIEWS.

304

LOCATED CONVENIENTLY NEXT TO ELEVATORS.

RAW SPACE, DESIGNER READY UP TO FOUR

OFFICES WITH WINDOWS.

602

OPEN FLOOR PLAN WITH GREAT VIEWS OF THE

CITY.

502

MOVE IN READY OFFICE WITH FOUR OFFICES

WITH WINDOWS, RECEPTION AREA

AND CARPET THROUGHOUT.

606

OPEN FLOOR PLAN, LOTS OF WINDOWS,

POLISHED CONCRETE FLOORS, PLUMBING IN

PLACE.

LOCATED NEXT TO ELEVATOR, ONE LARGE

OFFICE, OPEN FLOOR AREA, RECEPTION AREA.

DARK CARPET THROUGHOUT.

WINDOWS IN OFFICE.

603

OFFICE HAS TWO OFFICES, RECEPTION AREA

CARPET THROUGHOUT.

503

405

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

LEASED

305.970.7260 | whmiami.com | [email protected]

Property Pictures

UNIT # STYLE SQFT PRICE

201 Wood like tile floor, open space with window shades 711 $1,500/M

304 Near elevators; raw space. 2divisions and carpet flooring 676 $1,500/M

506 2 divisions and carpet floor grey, 1 office built 702 $1,500M

604Fully built office two glass enclosed offices by the windows and one walled office/workshop with a sink.

676 $1,500/M

606 Floor to ceiling windows with great views. open space with concrete flooring. 702 $1,500/M


Property PicturesUnit Floorplans


Property Pictures


Property Pictures

305.970.7260 | whmiami.com | [email protected] 305.970.7260 | whmiami.com | [email protected]

Property PicturesMarket Overview

Brickell is an urban neighborhood in Miami, Florida, United States. A neighborhood of greater Downtown Miami, Brickell is Miami and South Florida’s major financial district.

Brickell was settled in the modern era in the mid-1800s by early pioneers, growing to become Miami’s “Millionaire’s Row” in the early 1900s after the construction of lavish mansions along Brickell Avenue by Mary Brickell. By the 1970s, office towers, hotels and apartments began replacing the historic mansions. Today, Brickell has grown to overtake the city’s historic central business district to the north, as one of the largest financial districts in the United States. With a fast-growing residential population, Brickell is one of Miami’s fastest-growing as well as its most dense neighborhood, with a 2010 population of about 31,000.

Brickell has a large concentration of wealthy Argentine, Colombian, Cuban, Nicaraguan and Venezuelan residents. Many work in the neighborhood’s financial and trade sectors, or live in Brickell part-time.

Brickell is a dense, high-rise residential neighborhood with many upscale, luxury condominium and apartment towers. Brickell Avenue, Brickell’s main north-south avenue and along Miami Avenue, home to many popular Miami restaurants, shops and places of entertainment. A few hundred feet east of the northeastern side of Brickell is Brickell Key, a gated island of upscale, high-rise residential and hotel towers. As of 2009, over 190,000 office employees work in greater Downtown.[3] Today, greater Downtown Miami is one of the fastest-growing neighborhoods in Miami, booming from 40,000 residents in 2000 to 80,000 in 2010. Brickell is home to 31,759 year-round residents. Brickell is served by the Miami Metrorail at the Brickell station and by 5 stations of the Metromover’s Brickell Loop.

Brickell Overlooking Miami River

Axis Residential Condos in Brickell


Property Pictures


Market OverviewAs South Florida’s primary financial district, Brickell is the core of Miami’s banking, investment, and financial sectors. Additionally, alongside with Downtown Miami, Brickell has most of the state’s foreign consulates, including the consulates of Argentina, Brazil, Chile, Dominican Republic, Ecuador, France, Great Britain, Guatemala, Japan, Mexico, Netherlands, Peru, Switzerland, Trinidad and Tobago, amongst others.

As of 2010, the population of Brickell had 27,776 people, with a population density of 37,622 per square mile, making it one of the densest neighborhoods in the United States. In the 2010 US Census, the racial makeup of Brickell was 62.0% Hispanic of any race, 33.2% White (non-Hispanic), 1.6% Asian, and 1.4% Black. The zip codes for Brickell include 33129, 33130, and 33131. The area covers 1.084 square miles (2.81 km2). Many of its daily occupants work in banking, law, and finance.

As of 2000, there were 5,557 males and 5,972 females. The median age for males were 38.4 years old, while the median age for females were 40.6 years old. The average household size had 1.8 people, while the average family size had 2.6 members. The percentage of married-couple families (among all households) was 30.3%, while the percentage of married-couple families with children (among all households) was 8.5%, and the percentage of single-mother households (among all households) was 4.3%. The percentage of never-married males 15 years old and over was 20.2%, while the percentage of never-married females 15 years old and over was 16.0%.

As of 2000, the percentage of people who speak English not well or not at all made up 27.7% of the population. The percentage of residents born in Florida was 17.1%, the percentage of people born in another U.S. state was 13.7%, and the percentage of native residents but born outside the U.S. was 3.9%, while the percentage of foreign born residents was 65.3%.

Brickell is a highly educated and affluent neighborhood. As of 2014, an estimated 75% of residents older than 25 hold at least a bachelors level degree with 34% holding an advanced degree. Compared to other neighborhoods in Miami, Brickell’s approximate average household income of $125,500 is more than twice the average for the City of Miami.

Public Transportation in the Downtown/Brickell area is used more than in any other part of Miami and is a vital part of Brickell life. Metrorail, Miami’s heavy rail system, has one station in Brickell at the Brickell Station. In addition to Metrorail, the Metromover train system runs 3 lines throughout Downtown (the Downtown Loop, the Omni Loop, and the Brickell Loop). The Metromover connects with Metrorail and is free. Metromover stations can be found at roughly every two blocks in Brickell.


Property Pictures


Market Overview

Metrorail has stops throughout Miami with connections to Miami International Airport, all Miami-Dade County bus lines, Tri-Rail and Amtrak. The main bus station in Downtown is located next to the Arsht Center at the Adrienne Arsht Center Station.

As an urban and pedestrian-friendly area with an extensive public transit network, Brickell (along with Downtown, Omni, and South Beach) is one of the areas in Miami where a car-free lifestyle is commonplace. Many Brickellites get around by foot, bicycle, Metromover or by taxi. The Metromover is a popular alternative to walking in the area, especially on rainy, hot or cold days, as the Metromover is free, and stations are located roughly every two blocks throughout the area.

Recently, the City of Miami, along with the Downtown Development Authority, has begun bicycle initiaves promoting city-wide bike parking and bike lanes, that have made bicycling much more popular for residents. Bike lanes and bike sharrows are currently planned for the majority of Downtown streets to be painted by the end of 2010. Decobike, the popular bike sharing program in Miami Beach, has announced a launch in Brickell/Downtown Miami in Mid 2014. The Venetian Causeway is a popular bicycle commuter route that connects South Beach to Downtown. The Rickenbacker Causeway is very popular on weekends for recreational bicyclists, and often, bicycles can outnumber cars on the causeway.

Brickell AvenueBrickell Mausoleum at Brickell Park


Property PicturesMarket Overview

Radius 1 Mile 3 Mile 5 MilePopulation:2019 Projection 33,155 270,375 547,5622014 Estimate 30,052 250,092 509,9232010 Census 24,865 226,364 474,319Growth 2014-2019 10.33% 8.11% 7.38%Growth 2010-2014 20.86% 10.48% 7.51%2014 Population Hispanic Origin 12,434 164,035 307,3132014 Population by Race:White 17,713 186,975 371,288Black 10,961 54,439 122,550Am. Indian & Alaskan 157 1,387 2,231Asian 625 3,563 6,783Hawaiian & Pacific Island 28 195 338Other 568 3,534 6,733

Radius 1 Mile 3 Mile 5 MileHouseholds:2019 Projection 15,144 111,291 223,1302014 Estimate 13,736 103,014 208,2572010 Census 11,383 93,419 195,374Growth 2014 - 2019 10.25% 8.03% 7.14%Growth 2010 - 2014 3.36% 0.37% (2.89%)Owner Occupied 2,772 26,927 68,647Renter Occupied 10,964 76,087 139,6092014 Avg Household Income $58,163 $53,225 $55,5572014 Med Household Income $36,715 $30,338 $32,4462014 Households by Household Inc:<$25,000 5,132 45,511 86,659$25,000 - $50,000 3,200 24,118 50,723$50,000 - $75,000 2,067 12,397 26,549$75,000 - $100,000 1,145 6,618 14,246$100,000 - $125,000 981 5,134 10,209$125,000 - $150,000 344 2,274 4,655$150,000 - $200,000 222 2,578 5,591$200,000+ 644 4,383 9,624

source: CoStar Group


Property Pictures

Based in Miami, and comprised of an international team, Herz Dupond Real Estate Group Commercial Division is one of South Florida’s leading retail/office leasing and development teams within Fortune International Realty.

Representing both tenants and landlords, Herz Dupond Real Estate Group services include customized site selection, demographic analysis, site tours, merchandising plans, leasenegotiation, restaurant development consultation, branding, architectural and design consultation. The team’s extensive focus on Dade, Broward and Palm Beach uniquely equips the team to handle corporate rollouts of brands looking to penetrate these markets. Herz Dupond Real Estate Group offers clients a vertically-integrated, full service brokerage with a twist: the power and experience of a consulting firm.

The team’s mission is to utilize the current real estate market analysis and our team’s expertise in retail/office development, while working alongside ownership in concept creation. Being involved every step of the way from concept to delivery to ease the process for our clients and ultimately lead the efforts in the return of their investments.

Contact Us


one plaza west | office spaces · 2018-06-14 · laminate wood flooring throughout . 601 laminate...

Documents