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The Cove Shopping Center 1574-1584 SE 3rd Ct 2,832 SF of Retail Space Available in Deerfield Beach, FL 33441
HIGHLIGHTS
- Turn-Key Fully Built Out Restaurant
- Lease includes all Furnishings Fixtures Equipment
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,832 SF | 5-10 Years | $45.00 /SF/YR $3.75 /SF/MO $127,440 /YR $10,620 /MO | Triple Net (NNN) |
1st Floor
This fully built out, turn-key restaurant space is located in the well known and iconic Cove Shopping Center, located just east of US 1 (aka Federal Highway) and Hillsboro Blvd. in Deerfield Beach. This second generation restaurant space is available immediately. Numerous and well known restaurants and retailers are located at this property including The Cove Restaurant, John the Baker, The Cove Brewery and many others. The iconic Cove Shopping Center was built in 1959 and renovated in 2019. It has numerous retail shops, restaurants and bars, and 1,797 parking spaces. Asking rent was reduced to $45/sf NNN, plus $7.35 for expenses.
- 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
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Turn-Key Fully Built Out Restaurant
- Lease includes all Furnishings Fixtures Equipment
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 THE COVE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Audrey Dream
- Ladies' Apparel
- 1
- -
- Cove Shopping Center
- Real Estate
- 1
- -
- Crepstick
- Restaurant
- 1
- -
- Le Val De Loire
- Restaurant
- 1
- -
- Place Hair Salon
- Services
- 1
- -
- Sondro Boutique
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Audrey Dream | Ladies' Apparel | 1 | - |
| Cove Shopping Center | Real Estate | 1 | - |
| Crepstick | Restaurant | 1 | - |
| Le Val De Loire | Restaurant | 1 | - |
| Place Hair Salon | Services | 1 | - |
| Sondro Boutique | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,832 SF | Total Land Area | 0.23 AC |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6.65/1,000 SF |
| Gross Leasable Area | 4,514 SF |
| Total Space Available | 2,832 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,514 SF |
| Total Land Area | 0.23 AC |
| Year Built | 1961 |
| Parking Ratio | 6.65/1,000 SF |
ABOUT THE PROPERTY
This fully built out, turn-key restaurant space is located in the well known and iconic Cove Shopping Center, located just east of US 1 (aka Federal Highway) and Hillsboro Blvd. in Deerfield Beach. Numerous and well known restaurants and retailers are located at this property including The Cove Restaurant, John the Baker, The Cove Brewery and many others.
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
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The Cove Shopping Center | 1574-1584 SE 3rd Ct
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