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321 Nepean Hwy 7,836 SF of Retail Space Available in Frankston, VIC 3199
Highlights
- Corner location on Nepean Highway and Kitson Lane with excellent visibility and dual access points
- Positioned at the gateway to Frankston CBD, surrounded by residential and commercial developments that support all-day trade
- Existing restaurant fit-out included, reducing setup time and capital expenditure for incoming tenants
- Highly accessible location within Melbourne’s bayside and southeast corridor, connected to major arterials
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 7,836 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
This retail space offers outstanding exposure along Nepean Highway with full street frontage and high daily traffic counts. The tenancy includes an existing restaurant fit-out, creating an immediate plug-and-play opportunity for food and beverage operators or similar concepts. The interior layout is designed to support efficient kitchen, dining, and service operations while providing flexibility for a variety of retail uses. Customers benefit from generous on-site parking with more than 50 on-grade spaces, ensuring convenient access throughout the day. Additional advantages include multiple entry points, excellent vehicle ingress and egress, and the potential for eye-catching signage in a high-visibility location on one of Frankston’s busiest corridors.
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Central Air Conditioning
- Private Restrooms
- Secure Storage
- Display Window
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 | 7,836 SF | Property Subtype | Restaurant |
| Property Type | Retail | Gross Leasable Area | 7,836 SF |
| Total Space Available | 7,836 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,836 SF |
About the Property
321 Nepean Highway, Frankston VIC is located at the gateway to the Frankston CBD, this highly exposed retail opportunity sits prominently on the corner of Nepean Highway and Kitson Lane. The site enjoys dual street frontage with excellent visibility and ease of customer access in and out of the property. the property benefits from a steady customer base and strong local trade. With its strategic location and ready-to-use improvement.
- Controlled Access
- Restaurant
- Signage
- Accent Lighting
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Presented by
DBRE Pty Ltd
321 Nepean Hwy
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