South Beach Parking Garage, Miami Beach, Florida
The garage contains 340 spaces along with 3,350 SF of ground floor retail space.
Located on highly trafficked Collins Avenue in the heart of South Beach’s vibrant Art Deco neighborhood. One block from the beach and surrounded by numerous hotels, nightclubs, residential towers, retail destinations, and entertainment venues.
The garage has multiple revenue generators including hourly, monthly and valet parkers.
Limited parking supply on South Beach with increasing demand as new hotels are developed without parking.
Provides a potential inflation hedge with little capital expenditures.
You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust. Some of these risks include but are not limited to the following:
This literature contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “should,” “will,” and other similar terms, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks, uncertainties, and contingencies include, but are not limited to, the following: our ability to effectively raise capital in our offering; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our investment strategy; and other risk factors as outlined in our prospectus and periodic reports filed with the Securities and Exchange Commission. Although JLLIPT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. JLLIPT undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in our expectations.
IMPORTANT NOTICE
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IMPORTANT NOTICE
This page is only available to persons outside the states of Ohio and New Jersey. Please review the JLL Income Property Trust prospectus for more information.
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