297 NE 67th Street is a Class A creative flex industrial property and core-plus NNN investment located in Little River, one of Miami's most rapidly growing neighborhoods. The asset features an impressive tenant roster, including the headquarters for Betr, a leading sports betting platform, and Locust Projects, a renowned local nonprofit art space. With a solid remaining weighted average lease term, this property offers stability and potential for future rent growth through lease renewals or reconfiguring spaces into smaller units, capitalizing on the under-market rents in this dynamic area.
Little River has been recognized as one of the Top 10 coolest neighborhoods in the country by the New York Post, among other publications. This vibrant district has become a hub for arts, culture, and creative industries, offering exceptional value compared to high-profile areas like Wynwood, Midtown, and the Miami Design District. As a local creative business district, Little River attracts innovative tenants and provides an ideal environment for businesses seeking growth and community in Miami.
Notable nearby businesses and amenities include The Citadel, a 30,000-square-foot food hall with office space, and Ironside, a mixed-use building featuring restaurants, offices, and retailers. Additionally, Magic City is a 170,000-square-foot development expanding to include residential units and over 2 million square feet of office and retail space. The proximity to the new Brightline expansion enhances accessibility between Miami, Fort Lauderdale, and other key Florida cities, supporting Little River's growth and attracting more creative spaces, restaurants, and retailers.