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Palmetto Lakes Shopping Center 5500 NW 167th St 1,075 - 2,925 SF of Retail Space Available in Miami Gardens, FL 33014
HIGHLIGHTS
- Busy shopping center
- Visible signage
- National retailers
- Big Box anchors
- Ample parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 16525 | 1,075 SF | 2-5 Years | $45.00 /SF/YR $3.75 /SF/MO $48,375 /YR $4,031 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5612 | 1,850 SF | 3-10 Years | $44.00 /SF/YR $3.67 /SF/MO $81,400 /YR $6,783 /MO | Triple Net (NNN) |
1st Floor, Ste 16525
16525 NW 57th Ave, Miami Gardens is a 1,075 SF retail space End Cap. Storefront windows bring in lots of natural light, private restroom. This unit fronts Red Road (NW 57th Ave). Signage on facade for great visibility. Front and back parking. Anchored by Home Depot, Presidente Supermarket and AT&T. CAM is $10.50 psf and includes taxes and insurance, 24/7 security, maintenance, and water.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Private Restrooms
- End Cap retail shopping
- Frontage on Red Road (NW 57th Ave)
- Signage on facade
- Anchored by national retailers
- Plenty of parking
- 24/7 security
1st Floor, Ste 5612
5612 NW 167th Ave in Miami Gardens is a 1,850 SF retail space. Formerly a physical therapy clinic. This space has multiple rooms, 3 phase power, private restroom and a front and back entrance. Perfect space for physical or massage therapist. Located next to a dialysis center. Great for medical use. 24/7 security. Center is anchored by Home Depot and Presidente Supermarket. CAM is $10.50 psf and includes taxes and insurance, 24/7 security, maintenance and water.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Formerly a physical therapy clinic
- Multiple rooms
- 3 phase power
- Located next to dialysis center
- Great medical space
- CAM is $10.50 psf
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
SELECT TENANTS AT PALMETTO LAKES SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AT&T
- -
- -
- -
- Presidente Supermarket
- Retailer
- -
- -
- The Home Depot
- Home Improvement
- 2,623
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AT&T | - | - | - |
| Presidente Supermarket | Retailer | - | - |
| The Home Depot | Home Improvement | 2,623 | International |
PROPERTY FACTS
| Total Space Available | 2,925 SF | Gross Leasable Area | 126,584 SF |
| Property Type | Retail | Year Built/Renovated | 1990/2022 |
| Property Subtype | Freestanding | Parking Ratio | 2.36/1,000 SF |
| Total Space Available | 2,925 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 126,584 SF |
| Year Built/Renovated | 1990/2022 |
| Parking Ratio | 2.36/1,000 SF |
ABOUT THE PROPERTY
The Palmetto Lakes Shopping Center is a Class A neighborhood shopping center anchored by Home Depot, President Supermarket, AT&T, Wendy's, Enterprise, Truist Bank, and Valvoline located at the busy intersection of the FL 826 highway (Palmetto Expressway), and NW 57th Avenue (Red Road). The average daily traffic count along NW 57th Ave. is 120,807 and the average daily traffic count along FL 826 highway is 150,026 (data via CoStar). Spaces range from 1,000 SF up to 5,000 SF with a 26,500 SF end cap anchor space. The shopping center sits just within the city limits of Miami Gardens, but is across the street from the Miami Lakes Auto Mall to the west, Miramar to the north, and Hialeah to the south. The Opa Locka Executive airport is also within close proximity to the Palmetto Lakes Shopping Center, just to the south of the adjacent Palmetto Lakes Industrial Park.
NEARBY MAJOR RETAILERS
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Palmetto Lakes Shopping Center | 5500 NW 167th St
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