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118 NW 79th St 643 SF of Retail Space Available in Miami, FL 33150
Highlights
- Private Parking
- Curated Retail
- Good Visibility
- Newly Renovated
- Natural Lighting
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 643 SF | Negotiable | $46.50 /SF/YR $3.88 /SF/MO $29,900 /YR $2,492 /MO | Modified Gross |
1st Floor
118 NW 79th St offers a rare 643 SF curated retail opportunity in the heart of Miami's Little River corridor, one of the city's fastest-evolving urban submarkets bridging the Upper Eastside, Design District, and Little Haiti. Positioned along NW 79th Street with strong walkability and visibility, the space is ideally suited for a boutique retail concept, office/flex user, personal services provider, or small showroom looking to establish a footprint in a neighborhood defined by its growing concentration of independent makers, creative studios, and specialty retailers. We will target a select range of uses and tenants, including but not limited to Boutique Retail, Office/Flex, Personal Services, and Small Showroom in order to curate a tenant mix that complements the corridor's evolving identity
- Listed rate may not include certain utilities, building services and property expenses
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 | 643 SF | Gross Leasable Area | 4,516 SF |
| Property Type | Retail | Year Built | 1937 |
| Total Space Available | 643 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,516 SF |
| Year Built | 1937 |
Nearby Major Retailers
