Your email has been sent.
Park Place 5560 N Military Trl 2,043 SF of Retail Space Available in Boca Raton, FL 33487
Highlights
- 64,000 SF retail center with excellent frontage and 3 access points on Military Trail servicing extended trade areas of Boca Raton & Delray Beach
- Close proximity to Lynn University with approx. 3,400 students and Florida Atlantic University with approx. 30,100 students
- High traffic counts with 41,500 AADT on Military Trail and 42,000 AADT on Yamato Road
- Located between a 650,000 SF three building office park and a residential development consisting of approximately 400 apartment units
- Strong demographics with 77,212 population, 140,444 daytime population, and $147,627 average household income within 3 miles
- 700 parking spaces with 10.94/1000 parking ratio
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 2,043 SF | 10 Years | $80.00 /SF/YR $6.67 /SF/MO $163,440 /YR $13,620 /MO | TBD |
5560 N Military - 1st Floor - Ste 200
Currently occupied by T-Mobile, which is scheduled to close operations next week. Existing lease expires October 2026. Space offered as-is for a 10-year lease term. Located directly adjacent to The Fresh Market.
- Located in-line with other retail
- Existing floor plan with sales area
- Includes back of house and toilet room
- Vestibule entrance
- Two signage options available
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 Park Place
- Tenant
- Description
- US Locations
- Reach
- Burtons Grill & Bar
- Restaurant
- 27
- National
- Carmela
- Coffee
- 15
- Local
- Chipotle Mexican Grill
- Fast-food
- 5,107
- International
- Cyclebar Boca Raton
- Fitness
- 140
- International
- Prezzo
- Cocktail Bar
- 1
- -
- The Habit Burger Grill
- Restaurant
- 483
- International
| Tenant | Description | US Locations | Reach |
| Burtons Grill & Bar | Restaurant | 27 | National |
| Carmela | Coffee | 15 | Local |
| Chipotle Mexican Grill | Fast-food | 5,107 | International |
| Cyclebar Boca Raton | Fitness | 140 | International |
| Prezzo | Cocktail Bar | 1 | - |
| The Habit Burger Grill | Restaurant | 483 | International |
Property Facts
| Total Space Available | 2,043 SF | Center Properties | 5 |
| Center Type | Neighborhood Center | Gross Leasable Area | 66,591 SF |
| Parking | 209 Spaces | Total Land Area | 83.05 AC |
| Stores | 16 | Year Built | 2016 |
| Total Space Available | 2,043 SF |
| Center Type | Neighborhood Center |
| Parking | 209 Spaces |
| Stores | 16 |
| Center Properties | 5 |
| Gross Leasable Area | 66,591 SF |
| Total Land Area | 83.05 AC |
| Year Built | 2016 |
About the Property
Park Place is +/- 64,002 square foot neighborhood center anchored by a +/- 19,941 square foot The Fresh Market. The project is strategically located on Military Trail, north of Yamato Road and south of Clint Moore Road in Central Boca Raton, Florida (Palm Beach County). The available space is Bay 200 consisting of approximately 2,043 square feet located between Eileen Fisher and The Fresh Market with excellent frontage and visibility. The project is within close proximity to Lynn University with approximately 3,400 students, Florida Atlantic University with approximately 30,100 students, Saint Andrews School with approximately 1,350 students, Spanish River Community High School with 2,730 students, the Boca Ration Executive Airport and strong residential demographics. Park Place is adjacent to the 10X Living Boca Raton luxury apartments offering a Live-Work-Play experience and a walkable built-in customer basis for Park Place. Park Place is home to popular restaurants and eateries like Burtons Grill & Bar, Pura Vida Miami All Day Cafe, Fresh Kitchen, The Habit Burger Grill, Chipotle Mexican Grill, Bento Asian kitchen + Sushi, Olive U Mediterranean Grill, Kilwin's Chocolates & Ice Cream, Raw Juce and Carmela Toast & Coffee Bar.
Nearby Major Retailers
Contact the Leasing Agent
Park Place | 5560 N Military Trl