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Miami Beach Restaurant for Lease 325 71st St 3,492 SF of Retail Space Available in Miami, FL 33141
HIGHLIGHTS
- Major Developments taking place in the immediate area
- High foot traffic and strong visibility along 71st Street, North Beach’s main east–west corridor
- North Beach is experiencing rapid transformation with new mixed-use developments and increased investment
- One block from the beach, surrounded by dense residential neighborhoods and hotels
- Close proximity to North Beach Town Center, with thousands of new residential units and retail space underway
- Over 1,500 new residential units planned or delivered in the immediate area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,492 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Landlord is in for permit to upgrade the space, saving a new restaurant months Prime restaurant space located in the heart of Miami Beach’s transforming North Beach district One block from the beach, surrounded by dense residential neighborhoods and hotel High foot traffic and strong visibility along 71st Street, North Beach’s main east–west corridor Close proximity to North Beach Town Center, with thousands of new residential units and retail space underway North Beach is experiencing rapid transformation with new mixed-use developments and increased investment
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- One block from the beach.
- Surrounded by dense residential neighborhoods.
- High foot traffic.
- Close proximity to north beach center.
- 400 new hotel rooms under development nearby.
- Immense traffic driven by tourism and locals.
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 | 3,492 SF | Gross Leasable Area | 3,492 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Restaurant |
| Total Space Available | 3,492 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,492 SF |
| Year Built | 1949 |
ABOUT THE PROPERTY
Prime restaurant space located in the heart of Miami Beach’s transforming North Beach district
- 24 Hour Access
- Mezzanine
- Restaurant
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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Miami Beach Restaurant for Lease | 325 71st St
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