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Building 1 21500 Old Cutler Rd 1,800 - 12,400 SF of Retail Space Available in Cutler Bay, FL 33189
HIGHLIGHTS
- Entrance and Frontage from Old Cutler Rd.
- 5 mins to Florida Turnpike
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,800-9,900 SF | 20’ - 28’ | 10-20 Years | $55.00 /SF/YR $4.58 /SF/MO $544,500 /YR $45,375 /MO | Triple Net (NNN) | |
| 1st Floor, Ste Outparcel | 2,500 SF | 22’ | 10-25 Years | $90.00 /SF/YR $7.50 /SF/MO $225,000 /YR $18,750 /MO | Triple Net (NNN) |
21500 Old Cutler Rd - 1st Floor
PROPOSED NEW CONSTRUCTION RETAIL NEW DEVELOPMENT coming to Cutler Bay on Old Cutler Road and SW 216 St. Property will host 1 restaurant pad with drive thru. Multi-tenant building up to 9,900 SF. End Cap available for restaurant use with 1000 SF outdoor patio. Phenomenal location for restaurant, casual/ fast food, bank, services. 5 mins from Florida Turnpike. Nearby new Publix anchored center with a variety of co-tenancy just 5 mins away. Projected Ground Breaking End of 2024/ Early 2025. Delivery Q2 2026.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 20’ - 28’
- Old Cutler Road exposure
- Ample Parking 4/1000
- END CAP Avail for Restaurant use with patio
- 20' ceiling height
21500 Old Cutler Rd - 1st Floor - Ste Outparcel
PROPOSED NEW CONSTRUCTION RETAIL NEW DEVELOPMENT coming to Cutler Bay on Old Cutler Road and SW 216 St. 5 mins from Florida Turnpike. Nearby new Publix anchored center with a variety of co-tenancy just 5 mins away. Projected Ground Breaking End of 2022/ Early 2023. Property will host a restaurant pad with drive thru. Phenomenal location for coffee, fast food, bank, services. *site plan subject to change. please email listing office for updates.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air Conditioning
- Finished Ceilings: 22’
- Old Cutler Road exposure.
- Exit off Florida Turnpike.
- Retail synergy: close to Publix anchored center.
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 12,400 SF | Center Properties | 2 |
| Min. Divisible | 1,800 SF | Gross Leasable Area | 12,400 SF |
| Center Type | Strip Center | Total Land Area | 4.44 AC |
| Stores | 1 | Year Built | 2027 |
| Total Space Available | 12,400 SF |
| Min. Divisible | 1,800 SF |
| Center Type | Strip Center |
| Stores | 1 |
| Center Properties | 2 |
| Gross Leasable Area | 12,400 SF |
| Total Land Area | 4.44 AC |
| Year Built | 2027 |
ABOUT THE PROPERTY
PROPOSED NEW CONSTRUCTION RETAIL NEW DEVELOPMENT coming to Cutler Bay on Old Cutler Road and SW 216 St. 5 mins from Florida Turnpike. Nearby new Publix anchored center with a variety of co-tenancy just 5 mins away. Projected Ground Breaking Q1 2026 Estimated Delivery Summer 2027 Property will host 1 drive thru restaurant pad plus a 9,900 SF multi-tenant building. Phenomenal location for casual/ fast food, bank, services. *site plan subject to change. please email listing office for updates.
- Dedicated Turn Lane
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Building 1 | 21500 Old Cutler Rd
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