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Central Ave South Core Restaurant Condo 100 Central Ave 7,699 SF of 4-Star Retail Space Available in Saint Petersburg, FL 33701



HIGHLIGHTS
- Heavy daytime and evening foot traffic
- Fully built out bar and restaurant
- Core Central Avenue location
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 100 | 7,699 SF | 10-25 Years | $65.00 /SF/YR $5.42 /SF/MO $500,435 /YR $41,703 /MO | Triple Net (NNN) |
1st Floor, Ste 100
-Existing fully built out full service restaurant on Central Avenue between 1st and 2nd Streets, formerly DATZ. -Located on the ground floor of the South Core Garage next to the James Museum of Western and Wildlife Art, Hyatt Place and One St. Pete. - Zoned DC-C. -A total of 9,563 usable square feet (no common area factor). -Rent calculated on the interior 7,699 usable square feet only (not on exterior 1,864 usf of exterior covered areas). -Outside seating is all covered and part of the condo - not in the public right of way. -Previously approved for total occupancy of 288 (228 inside and 60 outside) - Fully equipped
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Security System
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Exposed Ceiling
- Demised WC facilities
- Fully built out full service restaurant
- On Central Avenue in the core of downtown St. Pete
- Fully built in bar, kitchen, walk in coolers, FF&E
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,699 SF | Year Built | 2018 |
| Property Type | Retail | Parking Ratio | 4.24/1,000 SF |
| Gross Leasable Area | 40,763 SF |
| Total Space Available | 7,699 SF |
| Property Type | Retail |
| Gross Leasable Area | 40,763 SF |
| Year Built | 2018 |
| Parking Ratio | 4.24/1,000 SF |
ABOUT THE PROPERTY
-Existing fully built out full service restaurant on Central Avenue between 1st and 2nd Streets, formerly DATZ. -Located on the ground floor of the South Core Garage next to the James Museum of Western and Wildlife Art. Zoned DC-C. -A total of 9,563 usable square feet (no common area factor). -Rent calculated on the interior 7,699 usable square feet only (not on exterior 1,864 usf of exterior covered areas). -Outside seating is all covered and part of the condo - not in the public right of way. -Previously approved for total occupancy of 288 (228 inside and 60 outside) -Zoned DC-C -Fifteen (15) parking spaces in garage for employees. Lots of additional public parking in on site garage. -Within 1-2 blocks of: James Museum, Hyatt Place, 200 Central, Art House condos, ONE condos, Bayfront Tower, Yacht Club, Jannus Landing, Saturday Morning Market, First Friday, Signature Place condos, and numerous restaurants, office buildings and shops. -Not in the Flood Zone (Zone X) -Fifteen covered parking spaces in the contiguous garage at standard monthly rates. Additional parking for employees at monthly or hourly rates in contiguous garage. - Approximately 100'of frontage on Central Avenue - FF&E all available for future tenant use: 1,100 gallon grease trap, walk in coolers and freezers, hood, ansul system, water filters, all HVAC, full bar, security system with cameras and DVR, hot water heaters, stoves, ovens, mixers, etc.
- Air Conditioning
NEARBY MAJOR RETAILERS
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Central Ave South Core Restaurant Condo | 100 Central Ave
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