LIONHEART

LIONHEART DESIGN DISTRICT DEVELOPMENT OPPORTUNITY 4218 NE 2nd Avenue, Miami, FL 33137

This Offering represents the rare opportunity to acquire irreplaceable real estate, prime for redevelopment, in one of the nation’s premier shopping destinations, Miami’s Design District

Design Distric

TABLE OF CONTENTS 01 THE OPPORTUNITY 02 INVESTMENT HIGHLIGHTS 04 05 GALLERY &

DESIGN DISTRICT OVERVIEW

CONCEPTUAL PLANS

03

06 SALE COMPARABLES

LOCATION OVERVIEW

PROPERTY SUMMARY

01 THE OPPORTUNITY

Asking Price $15,200,000

Address 4218 NE 2nd Avenue, Miami, FL 33137

Year Built 1938

Site Area 15,200 sf (0.35± Acres)

Assemblage Opportunity Lot Size 25,650 sf (0.59± Acres) *see page 9 for more details

Building GLA 4,520 sf

Stories 2

Zoning T-4-O; The Property is part of the Special Area Plan (SAP) of the Design District *see page 8 for more details

PAGE 4

PREMIERE DESIGN DISTRICT OPPORTUNITY INTRODUCING THE ASSET

Cushman &Wakefield of Florida, LLC is pleased to offer for sale the Lionheart Capital Headquarters Building, a 4,520 sf two-story, mixed-use building ideally situated on 0.35 acres (15,200 sf) of land along the west side of NE 2nd Avenue between NE 42nd and NE 43rd Streets in Miami’s Design District. The Design District is one of the nation’s most exclusive shopping destinations, home to top national and international luxury retailers, design showrooms, art galleries, media companies, architecture firms and acclaimed restaurants. Notable retailers such as Hermes, Christian Dior, Louis Vuitton, Cartier and Gucci operate flagship stores within a short walking distance of the subject. Further adding to the appeal of this investment, the Property is located in an Opportunity zone and is a part of the Special Area Plan (SAP) of the Design District.

Offering Terms

Seller is offering a fee simple interest in this Property on an all cash, as-is basis. Cushman & Wakefield requests that all interested parties submit bids in writing. For additional information on this offering, please access the online document center, link below. The seller encourages prospective investors to review the online information to assist in formulating a qualified offer.

Click here to access the online document center or email Heidi Peckhaus at heidi.peckhaus@cushwake.com

INVESTMENT CONTACTS

ADAM FEINSTEIN Executive Director +1 305 533 2863 adam.feinstein@cushwake.com

MARK GILBERT Vice Chairman +1 305 533 2866 mark.gilbert@cushwake.com

MITCHELL HALPERN Director +1 305 533 2855 mitchell.halpern@cushwake.com

MIGUEL ALCIVAR Senior Director +1 305 533 2871 miguel.alcivar@cushwake.com DEBT & FINANCING ROBERT KAPLAN Executive Managing Director +1 305 533 2860 robert.kaplan@cushwake.com

PAGE 5

Coral Gables

WYNWOOD

INTERSTATE 95

MIDTOWN

Downtown Miami

Edgewater

PAGE 6

PREMIERE DESIGN DISTRICT OPPORTUNITY

Doral

INTERSTATE 195

INTERSTATE 95

DESIGN DISTRICT

N Miami Avenue

NE 2nd Avenue

Biscayne Boulevard

Bay Point

Miami Beach

PAGE 7

02 INVESTMENT HIGHLIGHTS

OPPORTUNITY ZONE & SAP The Property is located in an Opportunity Zone and is part of the Special Area Plan (SAP) of the Design District. An SAP is defined as an area of nine (or more) adjoining acres which provides a proposed model and standards for future development in a specified area. Typically an SAP has its own regulations and criteria for the uses within its boundaries and grants developers flexibility beyond the strict lines of the zoning code including the potential for greater height and density.

PAGE 8

CENTRAL LOCATION WITH SUPERIOR ACCESS DESIGN DISTRICT IS RECOGNIZED AS ONE OF THE WORLD’S PREMIER HUBS FOR LUXURY BRANDS

Situated in eastern Miami along Biscayne Bay, Design District is situated just 3 miles north of Downtown Miami/ Brickell, 4.5 miles west of Miami Beach/South Beach, 5 miles east of Miami International Airport, and just north of the rapidly growing neighborhoods of Wynwood, Midtown and Edgewater. Design District enjoys exceptional regional accessibility with its location at the junction of I-95 and I-195 providing strategic exposure to over 365K vehicles each day along I-95, I-195 and Biscayne Boulevard. Located in the heart of Miami, the Design District is one of the world’s most progressive, culturally significant, creative neighborhoods and shopping destinations. Anchored by flagship stores for the world’s most iconic brands, including Hermes, Christian Dior, Louis Vuitton, Cartier, and Gucci, among others, and complemented by a mix of contemporary fashion brands, restaurants, design showrooms, fitness studios and public art displays, Design District attracts Miami’s most affluent consumers and international visitors. Only a few locations in the U.S. offer a similar combination of co-tenancy in a walkable, urban infill neighborhood environment - Upper 5th Avenue in Manhattan and Rodeo Drive in Los Angeles. The Design District and the surrounding neighborhoods of Wynwood, Midtown and Edgewater have been revitalized over the past decade, transforming into a 24/7 live-work-play environment that caters to both local residents and tourists. The substantial pipeline of residential, hotel, office and mixed-use development projects within this general area will lead to the continued densification east of I-95. Currently, there are 10,508 residential units, 3,206 hotel rooms (17 hotels), and 915K sf of office space in the development pipeline that are either under construction or in the planning phase. Consisting of 0.35 acres and 100 feet of frontage along NE 2nd Avenue, the Property is situated on a prime development site. The underlying T4-0 zoning allows for a future mixed-use development project of up to 3-Stories and 27,360 sf, featuring a combination of residential and commercial uses. Further adding to the appeal of the site, the Property is located in an Opportunity Zone. The site is currently improved with a fully functional 4,520 sf two-story office / retail building with 17 parking spaces that may be leased during the pre- development stage. The adjacent sites to the subject property (on the hard corners) may be assembled with the Lionheart development site so that the total land area is 25,650± sf. The south parcel at 4200 NE 2nd Avenue totals 5,100 sf and is improved with a surface parking lot with 20 spaces. The north parcel at 4240 NE 2nd Avenue totals 5,350 sf and is improved with a one-story 4,400 retail building.

TRANSFORMING LIVE-WORK-PLAY NEIGHBORHOOD PREMIER DEVELOPMENT SITE

ASSEMBLAGE OPPORTUNITY

PAGE 9

03 LOCATION OVERVIEW

BRICKELL

DOWNTOW

LOCATED IN THE HEART OF MIAMI

PAGE 10

PREMIERE DESIGN DISTRICT OPPORTUNITY

195

HOSPITAL DISTRICT

95

4218 NE 2nd Avenue

395

WYNWOOD

N Miami Avenue

DESIGN DISTRICT

MIDTOWN

NE 2nd Avenue

WN

EDGEWATER

Biscayne Boulevard

PAGE 11

Miami is the “Gateway to Latin America” ranking as the 7th largest MSA in the United States MIAMI - “THE NEW GLOBAL CITY”

Miami is quickly becoming a world-class city that some have dubbed the Manhattan of the South. The city has long been considered the Gateway to Latin America within the U.S. Many overseas companies use the Miami area as their base for U.S. operations. More than 1,200 multinational companies have been lured to the area over the past 25 years, thanks in part to the multilingual workforce. With Florida’s relatively low taxes, including no state income tax, and diverse workforce, Miami-Dade and the region are becoming more attractive to companies seeking year- round sunshine and a lower cost of living. A combination of other factors ranging from advantageous currency exchange rates to economic and political stability have contributed to a new flood of international investors in the market. Overall, the Miami market is thriving with strong domestic and international investments. Defined by theWall Street Journal as “The New Global City,” Downtown Miami continues to appeal to young professionals who are pursuing true urban lifestyles in a tropical waterfront city. It continues to evolve into a major world class city and an epicenter of business. Miami has had a long history of having unmatched accessibility and international infrastructure with world-class facilities. Thus, this mega-region has become a center for international trade for the Americas.

DEMOGRAPHICS & RANKING

BY 2025 POPULATION IS EXPECTED TO GROW 5.4% CURRENT LABOR FORCE 1,474,884 AVERAGE INCOME $69,993 POPULATION WITH COLLEGE DEGREE 36.80% MEDIAN AGE 39.1 LANGUAGES SPOKEN 60+

Source: Moody’s Analytics / FloridaJobs.org as of July, 2019

Best city for business in Latin America - AmericaEconomia Start-up Activity in the US - 2017 Kauffman Foundation Most entrepreneurial city in the US - TechCrunch Largest International Banking Center - wallethunb.com The New Global City - Wall Street Journal AWARDS & ACCOLADES

10.3%

MIAMI 7-YEAR EMPLOYMENT PROJECTION S 130k

MIAMI PROJECTED JOB GROWTH THROUGH 2025

PAGE 12

PREMIERE DESIGN DISTRICT OPPORTUNITY

A COMMITMENT TO INFRASTRUCTURE

Miami International Airport For the seventh consecutive year, Miami International Airport (MIA) broke its all-time record for number of passengers with 44.6 million travelers. Notably, MIA is the 2nd busiest airport in the country for international passenger arrivals, behind JFK. MIA also leads all U.S. airports in international air freight at over 2.2 million tons of cargo in 2016 (over 85% represents international cargo). PortMiami The Port of Miami is the world’s leading port for cruise line passenger traffic (5.6M passengers annually) and the top container port in Florida. Five major projects that total more than $2 billion were recently completed: the Port of Miami Deep Dredge Project, the Port of Miami Tunnel, the addition of four Super Post Panamax cranes, bulkhead strengthening and the restoration of the bridge and rail line connecting the PortMiami to the mainland. I-395 Bridge & Park The I-395 Signature Bridge & Park development project is underway and in the process of completely reconstructing the existing interstate with a new signature bridge that will span 1,025 feet over NE 2 Avenue and State Road 5/Biscayne Boulevard. This bridge will redefine the Miami skyline with its iconic six sweeping arches. The project will include a 55-acre linear park underneath as well as additional ingress and egress access at N Miami Avenue - giving Midtown Five residents quicker highway access to southern and western cities of Miami-Dade. The project is set to complete in 2024. MiamiCentral MiamiCentral, the main hub for Brightline Trains, is also the central node for three other public transportation systems - Metrorail, Metromover, and Tri-Rail. The intersection of these four systems provides excellent connectivity and convenience for the tri-county South Florida region to Downtown Miami. Metromover Metromover is a free mass transit automated people mover train system that opened in 1986. The Metromover serves most of the Greater Downtown Miami neighborhoods. The Metromover connects directly with Metrorail, Tri-Rail, and Virgin Trains at MiamiCentral. Currently, the system is composed of three loops and 21 stations. The stations are located approximately two blocks away from each other, and connect near all major buildings and places in the downtown area. The city is currently in the early stages of planning to expand the Metromover line northward into Wynwood and Midtown.

Brightline seeks $350M to build five stations in Miami-Dade, including Design District, relatively close to the Property

Miami International Airport (MIA)

Signature Bridge Project

PortMiami

Metromover

Brightline (5 Proposed Stations)

PAGE 13

Gladeview

Liberty Square

DESTINATION HOTSPOT

Bayshore

£ ¤ 441

NW 2nd Ave

NW 21st Ave

NW 17th Ave

NW 3rd Ave

NW 54th St NW 56th St

NW 23rd Ave

NE 54th St

NW 24th Ave

I-95 Express Ln

DESIGN DISTRICT

NW 50th St

NW 46th St

NW 22nd Ave

ESTIMATED TRAVEL TIMES

Buena Vista

Airport Expy

NW 39th St

¨ § ¦ 195

NE 36th St

MIDTOWN

NW 34th St

NW 32nd St

Allapattah

DOWNTOWN MIAMI 10 MINUTES

BRICKELL/ CITY CENTRE 15 MI UTES

NW 1st Ave

MIAMI INT’L AIRPORT 10 MINUTES

NW 29th St NW 10th Ave

NW 28th St

Biscayne Bay

¨ § ¦ 95

NW 23rd St

NE 2nd Ave WYNWOOD

N Miami Ave NE 20th St

NW 20th St

Venetian Way

WYNWOOD/ MIDTOWN 5 MINUTES

PORT OF MIAMI 10 MINUTES

SOUTH BEACH 15 MINUTES

NW 3rd Ave

NE 14th St

NW 19th Ave

£ ¤ 1

UV 933

NW 11th St

NW 7th St

NW 6th St

NE 1st Ave

UV A1A

Miami

NW 3rd St

UV 968

SW 2nd A

SE 1st St

SW 4th

Fisher

PAGE 14

NW 7th Ave

S

th Ave

Ave

Ave

PREMIERE DESIGN DISTRICT OPPORTUNITY

AREA DEMOGRAPHICS

1-MILE RADIUS

3-MILE RADIUS 204,417

5-MILE RADIUS 566,388

10-MILE RADIUS 1,413,119

2020 Total Population

28,778

2020-2025 Population Growth Rate

5.9%

4.6%

3.0%

2.0%

2020 Employees

15,468

148,438 $55,943

355,546 $72,449

880,731 $75,351

2020 Average Household Income

$62,894

2020 Median Age

38.5

38.0

40.2

41.8

2020 Total Households

12,681

85,162

240,337

550,827

2020-2025 Households Growth Rate

8.9%

6.5%

4.3%

3.0%

10-MILE RADIUS HIGHLIGHTS

HOUSEHOLDS 551k

POPULATION 1.4M

EMPLOYEES 881k

PAGE 15

Bay Point

Federal Highway

INTERSTATE 195

NE 2nd Avenue

NE 42nd Street E r

DESIGN DISTRICT

NE 43rd Street r

NE 41st Street r

PAGE 16

PREMIERE DESIGN DISTRICT OPPORTUNITY

Edgewater

Biscayne Boulevard

MIDTOWN

Midtown Boulevard

Wynwood

N Miami Avenue

PAGE 17

04 DESIGN DISTRICT OVERVIEW

PAGE 18

PREMIERE DESIGN DISTRICT OPPORTUNITY

DESIGN DISTRICT MIAMI’S HUB FOR LUXURY BRANDS

he Design District is a unique, supply-constrained neighborhood dedicated to fashion, design, architecture and dining. The bulk of the Miami’s Design District is owned by a partnership among Dacra Real Estate (“Dacra”), L Catterton Real Estate, an investment fund sponsored by Bernard Arnault and Louis Vuitton Moët Hennessy (LVMH) specializing in luxury shopping destinations, and Brookfield Property Retail Group, one of the largest retail owners in the U.S.

Bound by North Miami Avenue to the west, NE 2nd Avenue to the east, NE 42nd Street to the north and NE 38th Street to the south, the Design District is strategically located at the intersection of Biscayne Boulevard (US Hwy 1), I-195 and I-95, just 3 miles north of Downtown Miami, 4.5 miles west of Miami Beach, and 5.0 miles east of Miami International Airport. Originally developed in the 1920s as a furniture design and retail destination, the Design District has been transformed

In 2014, Dacra and L Catterton sold a 20% interest to Brookfield. In addition to luxury shopping, the Design District is home to restaurants by renowned international chefs and art galleries sponsored by the De La Cruz and the Robins / Braman families, three of the largest art collections in the Americas. As a result, this 8-block area has become the primary location of interest for any retail, office or hotel

user that wants to be associated with the most upscale neighborhood in Miami. Since opening the first high-end LVMH stores in 2011, the Design District has experienced a significant transformation into an international retail destination with ground floor retail rents ranging from $100 to $300 psf. The combination of tenant sales volumes as high as $3,000 psf, limited land available for development and scarcity of available retail space have significantly pushed rental rates upwards over the past 5 years and

over the past decade into a vibrant luxury retail and dining destination for residents and visitors alike. Furthermore, since 2002, the Design District has hosted a number of major exhibitions for Art Basel, one of the largest art showcases in the world, drawing an annual influx of highly affluent shoppers from across the world to the area. From the 1990s to the late 2000s, Dacra, led by Craig Robins, acquired over 18 properties and 2 development sites in the Design District, representing over 450,000 sf of retail space and several million sf of development rights.

will continue to drive rates in the future. The existing roster of luxury brands and the completion of the remaining development sites over the coming years will continue to attract more high-end retailers to the Design District, further establishing the area as one of the top retail destinations in the country, similar to 5th Avenue in New York City and Rodeo Drive in Beverly Hills.

In 2010, L Catterton Real Estate (the LVMH affiliate) acquired a 50% interest in Dacra’s portfolio in the Design District. LVMH subsequently brought its affiliated brands to the Design District, including Louis Vuitton, which relocated from Bal Harbour Shops in 2011, Dior, Fendi, Bulgari, Hublot and Sephora. Unaffiliated brands such as Gucci, Rolex, Hermes, Christian Louboutin, Balenciaga, Cartier, Van Cleef, Rick Owens, Panerai, Giorgio Armani, Valentino, Dolce & Gabbana, Yves Saint Laurent, Tom Ford and Prada soon followed.

PAGE 19

“BEST-IN-CLASS” RETAILERS OF DESIGN DISTRICT

PAGE 20

PREMIERE DESIGN DISTRICT OPPORTUNITY

PAGE 21

PAGE 22

PREMIERE DESIGN DISTRICT OPPORTUNITY

RETAILER MAP

N E 43RD STREET

HELM EQUITIES FUTURE FULL BLOCK MIXED-USE PROJECT

N E 42ND STREET

OFFICEBUILDING

2STORY RETAIL

N E 41ST STREET

MUSEUM PARKING

OFFICE BUILDING

2STORY RETAIL

N E 40TH STREET

ATLAS PLAZA

N MIAMI AVENUE

Harry’sPizza

N FEDERAL HIGHWAY

N E 39TH STREET

BISCAYNE MEDICALPLAZA

N E 2ND AVENUE

BISCAYNE BOULEVARD

Proposed Station

N E MIAMI COURT

CITY VIEW GARAGE

N E 1ST AVENUE

N E 38TH STREET

195

PAGE 23

LOCAL AMENITIES OF DESIGN DISTRICT

ARTS The Design District prides itself on the fine art galleries, showrooms and museums that have chosen to call it home. Since 2002, the Design District has hosted a number of major exhibitions for Art Basel, one of the largest art showcases in the world, drawing an annual influx of highly affluent art collectors and shoppers from across the world to the area. Well renowned galleries in the district include Steve Rudin Art, Opera Gallery, Markowicz Fine Art, and Maman Fine Art.

SHOPPING The Design District offers an unparalleled retail atmosphere in one of the world’s most highly trafficked luxury shopping destinations. With a critical mass of luxury retailers ranging from LVMH fashion and retail stores to upscale home design galleries, the submarket offers a comprehensive and unique shopping selection within a tight geographical radius.

DINING From wine bars and craft coffee to trendy formal dining, the Design District’s dining scene has quickly become a destination for food enthusiasts. Popular restaurants in the district include Michael’s Genuine Food & Drink, MC Kitchen, and Mandolin Aegean Bistro just north of the Property. Luxury brand Dior has recently opened a hip pop-up café on its garden terrace. Famed chef Brad Kilgore is opening his 2nd restaurant in the District following the success of his first, Kaido.

PAGE 24

PREMIERE DESIGN DISTRICT OPPORTUNITY

PAGE 25

NEIGHBORS OF DESIGN DISTRICT

ALL EYES ARE ON WYNWOOD Wynwood borders neighboring Midtown to the south and southwest and is known for being Miami’s epicenter of eclectic arts and businesses and is one of the largest and most prominent creative communities in the United States. The 50-block revitalized neighborhood is one of the largest collections of outdoor art in the world and draws 3 million visitors each year. This thriving creative and entertainment district is experiencing unprecedented growth over the last decade and is set to continue its ascent through numerous retail, office, hospitality, and residential projects that are further fueling it as the region’s premier lifestyle hub. Wynwood is home to over 400 businesses and 200 murals.

Deemed a “Walker’s Paradise”, the community of Wynwood boasts a nearly perfect walkability score of 96.

LIVE/WORK/PLAY @ MIDTOWN Midtown sits at the nexus of the city’s most exciting neighborhoods, which are exploding through transformational growth. Midtown has blossomed to life with new developments to collectively shape what has become an all-inclusive live/ work/play community. The community provides residents with an endless array of dining, nightlife, and shopping options that are unmatched in their number and diversity anywhere else in South Florida. Midtown is known for its modern architecture, art galleries, shopping and dining. The Shops at Midtown Miami is an open-air shopping center with more than 50 national retailers, highlighting a few are Target, Marshalls, West Elm, Nordstrom’s Rack and Home Goods.

Midtown Miami offers over 700,000 sf of retail and dining and 100,000± of office space with a walkability score of 94.

PAGE 26

PREMIERE DESIGN DISTRICT OPPORTUNITY

Aventura

INTERSTATE 95

DESIGN DISTRICT

INTERSTATE 195

NE 2nd Avenue N

INTERSTATE 95

Bay Point

MIDTOWN

WYNWOOD

INTERSTATE 195

N Miami Avenue

NE 2nd Avenue en

NE 1st Avenue

Biscayne Boulevard le

Edgewater

PAGE 27

05 GALLERY & CONCEPTUAL PLANS

PAGE 28

PREMIERE DESIGN DISTRICT OPPORTUNITY EXISTING BUILDING

Front of Existing Building Facing NE 2nd Avenue

Spiral Staircase on South Side of Building

Parking Lot on Southern Side of Building

View facing Design District

PAGE 29

LIONHEART DEVELOPMENT SITE - CONCEPTUAL RENDERINGS

EAST ELEVATION

NORTHEAST VIEW

AERIAL VIEW

BUILDING ELEVATION

MIAMI, FL 33137

MIAMI,FL33137

4218 NE 2nd Avenue

4218 NE 2nd Avenue

JonathanCardello Lic#:AR93391

Lic#:AA26001507

JonathanCardello Lic#:AR93391

Lic#:AA26001507

OneBiscayneTowerSuite1670 TwoSouthBiscayneBlvd,Miami,Fl 33131 T.305.482.8700 www.addinc.com

PROGRESSSUBMITTAL

01-30-2015

SCALE:1/16”=1’-0” EastElevation

A-9

OneBiscayneTowerSuite1670 TwoSouthBiscayneBlvd,Miami,Fl 33131 T.305.482.8700 www.addinc.com

PROGRESSSUBMITTAL

01-30-2015

SCALE:N.T.S. Northeast Aerial View

A-8

PAGE 30

PERSPE

PREMIERE DESIGN DISTRICT OPPORTUNITY

4218 NE 2nd Avenue

PROGR

Along NE 2nd Avenue, Street Facing

A-

PAGE 31

LIONHEART DEVELOPMENT SITE - CONCEPTUAL FLOOR PLANS

PROPOSED FLOOR PLANS

FIRST FLOOR

BASEMENT

MIAMI, FL 33137

4218 NE 2nd Avenue

JonathanCardello Lic#:AR93391

Lic#:AA26001507

OneBiscayneTowerSuite1670 TwoSouthBiscayneBlvd,Miami,Fl 33131 T.305.482.8700 www.addinc.com

PROGRESSSUBMITTAL

01-30-2015

SCALE:1”=30’-0” Underground Floor Plan

SCALE:1”=30’-0” Ground Floor Plan

A-4

PAGE 32

PREMIERE DESIGN DISTRICT OPPORTUNITY

PROPOSED FLOOR PLANS

THIRD FLOOR

SECOND FLOOR

MIAMI, FL 33137

4218 NE 2nd Avenue

JonathanCardello Lic#:AR93391

Lic#:AA26001507

OneBiscayneTowerSuite1670 TwoSouthBiscayneBlvd,Miami,Fl 33131 T.305.482.8700 www.addinc.com

PROGRESSSUBMITTAL

01-30-2015

SCALE:1”=30’-0” Second Floor Plan

SCALE:1”=30’-0” Third Floor Plan

A-6

PAGE 33

LIONHEART ASSEMBLAGE - CONCEPTUAL RENDERINGS

Along West Side of NE 2nd Avenue

Along NE 42nd Street - Pocket Garden

Facing North from Design District

Facing South

PAGE 34

PREMIERE DESIGN DISTRICT OPPORTUNITY

LIONHEART ASSEMBLAGE - CONCEPTUAL STACKING PLAN

GSF

Building Totals

Retail Office

33,445 SF 15,986 SF

Common Areas

7,011 SF

Storage/Mechanical

2,793 SF 22,918 SF 82,153 SF 57,929 SF

Elevator & Stair Bulkhead

Parking

Total

Parapet

Total Above Grade

Exterior Corridor

Handrail

Roof

O ce

O ce

3

Retail

Retail

2

Retail

Retail

Ground

Underground Parking

Underground

Parking Ramp

O ce Retail

Common Areas Parking

Office

Retail

Parking

Common Areas

PAGE 35

LIONHEART ASSEMBLAGE - CONCEPTUAL FLOOR PLANS

BASEMENT

FIRST FLOOR

Cafe

Mech

Storage

EM.Elec. Rm.

Stor.

Lobby

Lobby

Retail 1

MainElect. Rm

Storage

TrashRm./ RecyclingStor.

Emer. Gen.

Mech

FPL

Rm.

Elec.

14CarsTotal

24CarsTotal

Elec. Rm.

Lobby

98ParkingSpacesTotal

66ParkingSpaces+32StackerSpaces

60CarsTotal

Retail 2

Retail3

Retail4

Retail5

O ce

Retail

Common Area

Parking

BASEMENT FLOOR PLAN

O ce

Retail

Common Area

Parking

Ground Level FIRST FLOOR PLAN

GSF

GSF

Underground Level

Parking

22,918 SF

Retail

16,082 SF 1,516 SF 1,623 SF 19,221 SF

Common Areas

540 SF 766 SF

Common Areas

Storage/Mechanical

Storage/Mechanical

Total

22,224 SF

Total

Office

Retail

Parking

Common Areas

PAGE 36

PREMIERE DESIGN DISTRICT OPPORTUNITY

SECOND FLOOR

THIRD FLOOR

OpenTo Below

O ce 2

O ce 1

Retail6

Retail 11

ExteriorCorridor

Elec Room

Lobby

Retail 11

Elec Room

Lobby

Lobby

O ce3

O ce4

Jan Clt

Men

O ce8

OpenTo Below

Retail 10

Retail9

Women

Retail 7

Retail8

OpenTo Below

O ce 7

O ce6

O ce5

NTerrace

STerrace

ExteriorCorridor

O ce

Retail

Common Area

Parking

THIRD FLOOR

O ce

Retail

Common Area

Parking

SECOND FLOOR

GSF

GSF

Second Floor

Underground Level

Retail

17,363 SF

Office

15,986 SF 3,444 SF

Common Areas

1,511 SF 184 SF

Common Areas

Storage/Mechanical

Storage/Mechanical

220 SF

Total

19,058 SF

Total

19,650 SF

Office

Retail

Parking

Common Areas

PAGE 37

OPPORTUNITY FOR A GREATER ASSEMBLAGE

INTERSTATE 195

DESIGN DISTRICT

NORTH PARCEL Assemblage Opportunity Parcel - 5,350 sf

NE 42nd Street Str

NE 43rd Street re

SOUTH PARCEL Assemblage Opportunity Parcel - 5,100 sf

NE 2nd Avenue

PAGE 38

PREMIERE DESIGN DISTRICT OPPORTUNITY

South Pointe

Downtown Miami

WYNWOOD

INTERSTATE 95

Edgewater

Miami Beach

MIDTOWN

N Miami Avenue u

INTERSTATE 195

Biscayne Boulevard

PROPOSED STATION

HELM EQUITIES FUTURE FULL BLOCK MIXED-USE PROJECT

Bay Point

DESIGN DISTRICT

NE 1st Avenue

NE 42nd Street

Federal Highway hw

NE 43rd Streett

NE 2nd Avenue

PAGE 39

06 SALE COMPARABLES

PAGE 40

PREMIERE DESIGN DISTRICT OPPORTUNITY

4112 NE 1ST AVENUE RETAIL 3

1

3921-3925 NE 2ND AVENUE RETAIL 2

4000 NE 2ND AVENUE RETAIL 5

4

45 NE 41ST STREET RETAIL

4136 N MIAMI AVENUE OFFICE

Sale Date

May-19

Sale Date

Sale Date

Apr-17

May-19

Sale Date

Sale Date

Dec-19

Jul-18

Sale Price

$5,000,000

Sale Price

Sale Price

$8,125,000

$12,000,000

Sale Price

Sale Price

$9,700,000

$10,100,000

SF / $ per SF

2,100 / $2,381

SF / $ per SF

SF / $ per SF

2,287 / $3,553

8,304 / $1,445

SF / $ per SF

SF / $ per SF

9,000 / $1,078

23,222 / $435

Acres / $ per Acre $ per SF

0.11 / $47,350,000 $1,087

Acres / $ per Acre $ per SF

Acres / $ per Acre $ per SF

0.08 / $101,590,000 $2,332

0.21 / $56,570,000 $1,299

Acres / $ per Acre $ per SF

Acres / $ per Acre $ per SF

0.12 / $80,840,000 $1,856

0.21 / $48,090,000 $1,104

Year Built

Year Built

Year Built

Year Built

2020

2019

1945

1937

Year Built

2017

Zoning

Zoning

Zoning

Zoning

T5-O

T4-0

T5-0

T5-0

Zoning

T4-L

Comments Investment; Newly renovated vacant building

Comments Investment; Proposed 8,800 SF, 3 story development

Comments Investment recap; 50% interest sale; 100% leased building

Comments Investment; vacant commercial building

Comments User sale

PAGE 41

INVESTMENT CONTACTS

ADAM FEINSTEIN Executive Director +1 305 533 2863 adam.feinstein@cushwake.com

MARK GILBERT Vice Chairman +1 305 533 2866 mark.gilbert@cushwake.com

MITCHELL HALPERN Director +1 305 533 2855 mitchell.halpern@cushwake.com

MIGUEL ALCIVAR Senior Director +1 305 533 2871 miguel.alcivar@cushwake.com

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