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540 Central Ave 2,357 SF of Retail Space Available in Saint Petersburg, FL 33701
Highlights
- Prime location in the heart of downtown St. Petersburg
- High traffic count
- Excellent pedestrian traffic
- Located in-line with other office, retail & hospitality
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 534 | 2,357 SF | 3 Years | $50.00 /SF/YR $4.17 /SF/MO $117,850 /YR $9,821 /MO | Triple Net (NNN) |
1st Floor, Ste 534
This space is located in the heart of Downtown St. Pete. This space would be perfect for a restaurant, bar, fitness, spa, retail, or medical office use. This space meets the qualifications for an SRS license which makes it perfect for a restaurant/bar concept. The new Residences at 400 Central Ave (a 300+ unit luxury condo tower) is just a block to the east, and the new courthouse is just a couple blocks north.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Prime location in the heart of downtown St. Peters
- Excellent pedestrian traffic
- Located in-line with other office, retail & hospit
- Space meets qualifications for SRS license
- High traffic count
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 540 Central Ave, Saint Petersburg, FL 33701
- Tenant
- Description
- US Locations
- Reach
- Cycle Brewing
- Restaurant
- 1
- -
- Velvet Salon
- Salon/Barber/Spa
- 1
- -
- Whiskey Exchange
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Cycle Brewing | Restaurant | 1 | - |
| Velvet Salon | Salon/Barber/Spa | 1 | - |
| Whiskey Exchange | Restaurant | 1 | Local |
Property Facts
| Total Space Available | 2,357 SF | Gross Leasable Area | 7,870 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Restaurant | Parking Ratio | 0.65/1,000 SF |
| Total Space Available | 2,357 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,870 SF |
| Year Built | 1927 |
| Parking Ratio | 0.65/1,000 SF |
About the Property
This retail space is ideally situated in the heart of Downtown St. Pete on the 500 Block of Central Avenue, which is across the street from the Central Park Food Hall, Brick & Mortar, and The Crane, next door to Central Diner and a couple doors down from Whiskey Exchange and The Emerald. It is located around the corner from The Lure, The Floridian Social Club, Book+Bottle, , Mangosteen, Pacific Counter, Colony Grill and so much more. 534 Central Avenue is close to Mirror Lake, and is surrounded by new residential developments coming on-line in the near future. The new courthouse is just a couple blocks north, and the new Residences at 400 Central Ave (a 300+ unit luxury condo tower) is just a block to the east.
Nearby Major Retailers
Contact the Leasing Agent
540 Central Ave