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101-119 NE 54th St 1,864 - 3,728 SF of Retail Space Available in Miami, FL 33137
Highlights
- Units 113 & 115 NE 54 St. - 1,864 SF / $33 PSF Mod Gross
- High traffic visibility on NE 54 St.
- Flex Space, Retail, Showroom, Office
- Close to Upper Buena Vista, Design District
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 113 | 1,864 SF | 2-4 Years | $33.00 /SF/YR $2.75 /SF/MO $61,512 /YR $5,126 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 115 | 1,864 SF | 2-4 Years | $33.00 /SF/YR $2.75 /SF/MO $61,512 /YR $5,126 /MO | Triple Net (NNN) |
101-119 NE 54th St - 1st Floor - Ste 113
Situated in the culturally rich, rapidly emerging Little Haiti neighborhood, The Property is positioned to capitalize on transformative developments within a 10-block radius including The Magic City Innovation District - Little Haiti (MCID). Adjacent neighborhoods including Little River and MiMo to the north, with Upper Buena and the Design District directly south all add significant energy, vibrancy and value to Little Haiti's growth trajectory. Without a doubt, this is one of the fastest growing areas in Miami's urban core.
- Lease rate does not include utilities, property expenses or building services
- 1,864 SF / $33 PSF + NNN
- Zoned T5-O / Retail, Office, Showroom
101-119 NE 54th St - 1st Floor - Ste 115
Situated in the culturally rich, rapidly emerging Little Haiti neighborhood, The Property is positioned to capitalize on transformative developments within a 10-block radius including The Magic City Innovation District - Little Haiti (MCID). Adjacent neighborhoods including Little River and MiMo to the north, with Upper Buena and the Design District directly south all add significant energy, vibrancy and value to Little Haiti's growth trajectory. Without a doubt, this is one of the fastest growing areas in Miami's urban core.
- Lease rate does not include utilities, property expenses or building services
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 | 3,728 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 13,227 SF |
| Parking | 15 Spaces | Total Land Area | 0.36 AC |
| Stores | 5 | Year Built | 1954 |
| Center Properties | 1 |
| Total Space Available | 3,728 SF |
| Center Type | Strip Center |
| Parking | 15 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 13,227 SF |
| Total Land Area | 0.36 AC |
| Year Built | 1954 |
About the Property
101 - 119 NE 54 St. is prominently located along Little Haiti's major commercial corridor. Units 113 and 115 each hosts 1,864 SF. These spaces are suitable for offices, studios, creative flex businesses, and retail concepts as well. This culturally rich neighborhood is nestled in between Upper Buena Vista and Little River and has seen tremendous growth in recent years. Only minutes away from Design District, Midtown and Wynwood, NE 54 St is the next commercial strip to emerge in Miami's urban core.
- Corner Lot
Nearby Major Retailers
Contacts
-
Djinji Brown -
Andres Nava -
Daniella Sutnick -
Bernardita Banfi -
Metro 1 Commercial
Presented by
101-119 NE 54th St
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