This centrally located, 109,637 square foot facility is located in the heart of Miami’s Central Business District. The Property is 100% leased through 2029 by the FedEx Corporation with an optional extension through 2034. The opportunity also comes with tremendous residual value upside through redevelopment. The site’s as-of-right T6-80 Open zoning under Miami21 allows for office, retail, multifamily, and hotel development. It enables development to a maximum floor area ratio of 36 (1,881,792 SF); maximum stories of 80; and a maximum of 1,000 residential units to the acre (±1,200 units total).