Why Wynwood

Wynwood has transformed from a warehouse district into one of Miami’s most vibrant arts and retail destinations. Known globally for the Wynwood Walls, the neighborhood attracts millions of annual visitors and has become a hub for restaurants, bars, galleries, and experiential retail concepts.

Today, Wynwood retail commands some of the highest rents in Miami, fueled by a combination of tourism, creative culture, and residential growth from nearby Midtown, Edgewater, and Downtown.

Market snapshot

• Rents: Prime Wynwood retail can achieve $100–$200+/SF NNN, depending on visibility and frontage. Side streets remain more affordable, drawing in boutique operators.

• Demand: Strong from F&B operators, national lifestyle brands, and local boutique retailers.

• Vacancy: Lower than county average; constant tenant churn means opportunities exist for repositioning.

• Trends: Growth in experiential concepts, food halls, galleries, breweries, and high-end streetwear/lifestyle brands.

• Investment angle: Developers repositioning older warehouses into mixed-use retail + office + multifamily projects.

Types of Wynwood Retail

• • Storefronts (1k–5k SF): boutiques, showrooms, art galleries.

  • F&B spaces (2k–10k SF): restaurants, breweries, bars.

  • Flex conversions: warehouses repositioned into retail or food halls.

  • Mixed-use projects: retail at the base of new multifamily/office towers.

  Explore sizes:

  • 1k–5k SF

  • 5k–10k SF

  • 10k–20k SF

  • 20k–50k SF

    Location Advantage

  • Tourist magnet: millions of annual visitors to Wynwood Walls + art events (Art Basel, Miami Art Week).

  • Creative hub: synergy with arts, design, and fashion industries.

  • Urban growth: residential and office development fueling daily foot traffic.

  • Proximity: adjacent to Midtown, Edgewater, Downtown, Allapattah.

  For tenants: how we help

  • Advisory on lease terms + buildout costs in adaptive reuse projects.

  • Access to off-market Wynwood spaces before they hit LoopNet.

  • Matchmaking for F&B, gallery, and boutique operators.

  • Negotiation for tenant improvement allowances.

For Owners & Investors

• Positioning older warehouses for adaptive reuse or retail conversion.

• Marketing retail storefronts to national and international tenants.

• Capitalizing on tourism-driven demand for high-visibility space.

• Off-market deal sourcing for investors seeking Wynwood assets.

Key Corridors in Wynwood

• NW 2nd Ave: heart of Wynwood Walls, prime foot traffic.

• NW 5th Ave: redevelopment corridor with mixed-use projects.

• NW 29th St & 25th St: emerging retail/restaurant clusters.

• Wynwood Norte: transitional area with new residential fueling retail demand.

  Listings & Tours

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

  • Search Retail Listings

  • Ask for Off-Market Deals

FAQs

Q1: What are retail rents in Wynwood?

A: Prime corridors can achieve $100–$200+/SF NNN, while side streets are lower and attract boutique concepts.

Q2: Who are typical tenants in Wynwood?

A: Restaurants, bars, breweries, art galleries, streetwear/lifestyle brands, and experiential retail operators.

Q3: Why invest in Wynwood retail?

A: Strong tourism, creative culture, and redevelopment potential keep demand high.

Q4: What types of properties are common?

A: Storefronts, converted warehouses, F&B spaces, and retail in mixed-use towers.

Q5: How is Wynwood different from Brickell retail?

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