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12501-12505 NW 7th Ave 820 - 1,663 SF of Retail Space Available in North Miami, FL 33168
HIGHLIGHTS
- Hard-corner retail opportunity for Lease with national tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 820-1,663 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $74,835 /YR $6,236 /MO | Modified Gross |
1st Floor
This stand-alone building offers two units that can be leased together or separately: Unit 12501 – 1,010 SF Unit 12505 – 820 SF Parking: 15 on-site spaces Traffic Exposure: 63,000+ cars per day Features: New windows, excellent visibility Location: Directly in front of the I-95 southbound entrance. Surrounded By National Tenants: Shell, Wendy’s, and The Licking Co-Tenancy: Hard-corner retail with national tenants Zoning: C-1 (Commercial). Zoning allows a broad mix of uses, including community centers, government and public safety facilities, pharmacies, general retail and showrooms, wineries, medical offices and clinics, diagnostic labs, copy/printing services, and recording or TV/radio studios. Ideal for any professional or service-based business seeking strong exposure and easy highway access.
- 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.
SELECT TENANTS AT 12501-12505 NW 7TH AVE, NORTH MIAMI, FL 33168
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cover All Insurance
- Finance Company
- 1
- Local
- Del Rio Discount Corp
- Finance and Insurance
- 1
- -
- Popular Insurance
- Finance and Insurance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cover All Insurance | Finance Company | 1 | Local |
| Del Rio Discount Corp | Finance and Insurance | 1 | - |
| Popular Insurance | Finance and Insurance | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,663 SF | Gross Leasable Area | 1,831 SF |
| Min. Divisible | 820 SF | Year Built | 1966 |
| Property Type | Retail | Parking Ratio | 8.19/1,000 SF |
| Property Subtype | Storefront |
| Total Space Available | 1,663 SF |
| Min. Divisible | 820 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,831 SF |
| Year Built | 1966 |
| Parking Ratio | 8.19/1,000 SF |
ABOUT THE PROPERTY
Prime Stand-Alone Building for Lease sourrounded by National tenants. Building offers two units that can be leased together or separately Unit 12501 – 1,010 SF Unit 12505 – 820 SF Parking: 15 on-site spaces Traffic Exposure: 63,000+ cars per day Features: New windows, excellent visibility Location: Directly in front of the I-95 southbound entrance. Surrounded By National Tenants: Shell, Wendy’s, and The Lickin Hard-corner retail with national tenants CAM: $8 PSF
- Signalized Intersection
NEARBY MAJOR RETAILERS
CONTACTS
-
Carlos Fausto Miranda -
Martina Smoláková -
Fausto Commercial Realty Consultants
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12501-12505 NW 7th Ave
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