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Highlights
- Close to Downtown Miami
- Public parking across the street
- Ideal for national tenant
- Adjacent to Miami Dade School of Arts
- High-visibility location
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000-7,500 SF | 10 Years | $60.00 /SF/YR $5.00 /SF/MO $450,000 /YR $37,500 /MO | Triple Net (NNN) | ||
| 2nd Floor | 1,000-7,500 SF | 10 Years | $45.00 /SF/YR $3.75 /SF/MO $337,500 /YR $28,125 /MO | Triple Net (NNN) |
1st Floor
Prime retail opportunity at 137 N Miami Ave, offering 15,000 sq. ft. of space divided across two floors in the heart of downtown Miami. Located next to the Miami Dade School of Arts and surrounded by vibrant activity, this property is ideal for a national tenant seeking a flagship location. Public parking is conveniently located across the street, and the landlord is looking to lease the entire building under a 10-year NNN term.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Total Building Size: 15,000 sq. ft
- First Floor: $60 per sq. ft. NNN
- Second Floor: $45 per sq. ft. NNN
- Minimum Lease Term: 10 years
- Seeking one tenant for entire building
2nd Floor
Prime retail opportunity at 137 N Miami Ave, offering 15,000 sq. ft. of space divided across two floors in the heart of downtown Miami. Located next to the Miami Dade School of Arts and surrounded by vibrant activity, this property is ideal for a national tenant seeking a flagship location. Public parking is conveniently located across the street, and the landlord is looking to lease the entire building under a 10-year NNN term.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Total Building Size: 15,000 sq. ft
- First Floor: $60 per sq. ft. NNN
- Second Floor: $45 per sq. ft. NNN
- Minimum Lease Term: 10 years
- Seeking one tenant for entire building
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 | 15,000 SF | Property Subtype | Storefront |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built/Renovated | 1925/2024 |
| Total Space Available | 15,000 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 15,000 SF |
| Year Built/Renovated | 1925/2024 |
About the Property
This stand-out retail property offers unmatched visibility and accessibility in downtown Miami. With two expansive floors totaling 15,000 sq. ft., the building is perfect for a single national tenant looking to establish a strong presence in a high-traffic area. Located next to the Miami Dade School of Arts, the property benefits from steady foot traffic and proximity to cultural and commercial hubs. Public parking across the street adds convenience for customers and staff. This is a rare opportunity for a long-term lease in one of Miami’s most desirable locations.
- Signalized Intersection
Nearby Major Retailers
Presented by
137-145 N Miami Ave
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