Why Brickell

Brickell is Miami’s financial district and luxury retail hub, often called the “Manhattan of the South.” Home to international banks, Class-A office towers, and high-rise residential condos, the area boasts one of the most dense, high-spending populations in Miami.

Anchored by Brickell City Centre and Mary Brickell Village, Brickell retail has attracted luxury brands, fine dining, and lifestyle tenants, with rents that rival top markets like New York and Los Angeles.

With 40,000+ residents, tens of thousands of daily workers, and constant foot traffic, Brickell retail represents one of the most coveted submarkets in South Florida.

Market snapshot

• Rents: Prime Brickell retail achieves $150–$300+/SF NNN, among the highest in Miami. Inline neighborhood retail averages $60–$90/SF depending on visibility and frontage.

• Demand: Consistently strong from luxury brands, international restaurants, fitness concepts, and lifestyle retailers.

• Vacancy: Extremely low in trophy assets (Brickell City Centre ~full occupancy); limited turnover in premium spaces.

• Trends: New residential towers bring ground-floor retail opportunities, with national + international tenants competing for space.

• Investor angle: High demand + limited supply keeps Brickell retail values resilient even in downturns.

Typical product & users

• • Small-bay & flex (1k–10k SF): trades, e-commerce, service contractors

  • Mid-box (10k–50k SF): distributors, light assembly, food users

  • Yard/parking lots: truck/trailer storage, O/S (outside storage)

  • Cold storage adjacency: perishables network tied to MIA/PortMiami

  Explore sizes:

  • 1k–5k SF

  • 5k–10k SF

  • 10k–20k SF

  • 20k–50k SF

  Location Advantages

  • Financial hub: International banks and corporate HQs generate steady daytime demand.

  • Luxury residential density: 40k+ residents with high disposable income.

  • Transit-friendly: Adjacent to Metrorail, Metromover, Brightline connections.

  • Global profile: Brickell is a magnet for international investors and retailers seeking Miami entry points.

  For tenants: how we help

  • Advisory on luxury lease negotiations.

  • Access to off-market ground-floor retail in new towers.

  • Site selection for restaurants, fitness, and lifestyle operators.

  • Negotiation of tenant improvement allowances in premium locations.

For owners & investors: why Hialeah works

• Positioning retail in mixed-use developments for maximum NOI.

• Access to international buyer pool targeting trophy assets.

• Advisory on redevelopment and repositioning for luxury retail demand.

• Off-market deal sourcing and buyer matching.

Key Corridors in Brickell

• Brickell Avenue: prime corridor for luxury retail and office towers.

• Brickell City Centre: 500k+ SF of luxury retail, food hall, and entertainment.

• Mary Brickell Village: restaurant and lifestyle hub.

• South Miami Ave: boutique retail and neighborhood-serving shops.

• Airport West Medley Doral

  Listings & Tours

  VIVA gives you on-market and exclusive off-market Hialeah options—small-bay, mid-box, and yard/parking sites.

  • Search Industrial Listings

  • Ask for Off-Market Deals

FAQs

Q1: What are retail rents in Brickell?

A: Trophy locations achieve $150–$300+/SF NNN, with neighborhood storefronts averaging $60–$90/SF.

Q2: Who are typical tenants in Brickell?

A: Luxury brands, fine dining restaurants, fitness/wellness operators, lifestyle retailers.

Q3: Why invest in Brickell retail?

A: High density, luxury demographics, and international appeal make Brickell retail resilient and in-demand.

Q4: How does Brickell compare to Wynwood retail?

A: Brickell is luxury + corporate-driven, while Wynwood is arts + experiential-driven.