2601, 2637 N. Miami Avenue
Property Highlights2601–2637 North Miami Avenue consists of 20,807 leasable square feet for both retail and office uses across two buildings along North Miami Avenue and enjoys a substantial physical presence with full block frontage between NE 26th and 27th Street. 2601 North Miami is comprised of seven bays and 2637 North Miami encompasses four units, with suites ranging from 947 square feet to 4,051 square feet.
Tricap completed a comprehensive renovation of the Property inclusive of new hurricane impact glass storefronts, individual air conditioning units, new plumbing, upgraded electrical and parking lot paving and striping totaling approximately $600,000.
Tricap owned this property from June 2013 until June 2015 selling the property for more than 2.5x the initial purchase price and returning more than 3.75x on initial equity invested.
Miami Beach, Florida