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2017 MIAMI RETAIL

Major Markets Report

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17

NEIGHBORHOOD

LOW HIGH

AVERAGE

Brickell Avenue

$70 $150

$110

Design District

$60 $300

$163

Wynwood

$40 $100

$78

Bal Harbor

$250 $350

$300

Aventura

$180 $280

$230

Coral Gables

$40 $75

$53

Miami Beach

$40 $110

$75

Lincoln Road

$220 $325

$305

Collins Avenue

$110 $140

$133

Source: Cushman & Wakefield Research. All rental rates are NNN per square foot.

Retail Rent Survey

WHERE ARE THE CHALLENGES?