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HIGHLIGHTS
- Located along NE 2 Avenue, downtown Little Haiti's main corridor.
- On Site 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 Unit 1 | 1,007 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $45,315 /YR $3,776 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit 2 | 1,044 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $46,980 /YR $3,915 /MO | Triple Net (NNN) |
1st Floor, Ste Unit 1
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste Unit 2
- Lease rate does not include utilities, property expenses or building services
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 | 2,051 SF | Gross Leasable Area | 5,408 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront | Parking Ratio | 1.11/1,000 SF |
| Total Space Available | 2,051 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,408 SF |
| Year Built | 1949 |
| Parking Ratio | 1.11/1,000 SF |
ABOUT THE PROPERTY
Metro 1 exclusively presents for sale the property located at 5700 NE 2 Avenue, Miami, FL (“The Property”). Located along NE 2 Avenue, downtown Little Haiti’s main corridor, which houses botanicas and the Little Haiti Cultural Center, as well as neighborhood favorites like Sweat Records, Churchill’s Pub, Fiorito, Michelin-Starred Boia De, and Villa Rose. Additionally, Little River/Little Haiti, was recently named the “coolest neighborhood in Miami” by Time Out Magazine—the area is rapidly transforming from industrial to creative office, retail, restaurants, breweries, showrooms, and other cultural uses. It is home to Miami’s best restaurant, Sunny’s Steakhouse; top entertainment venue, ZeyZey; the U.S.’s largest padel club, Ultra Padel; Bib Gourmand restaurant La Natural; plus Citadel Food Hall, Magic 13 Brewing, Imperial Moto Cafe, Fooq’s, Magie, Tran An, Raw Fit, Mid’s Market, Counter Culture Coffee, Eliou, Ogawa, Bar Bucce, Fiorito, and 727 Pilates, among others. Several large-scale projects are underway, including the 349-unit Sixty Uptown at Magic City Innovation District, AJ Capital’s 27-acre mixed-use development, Cedar Street’s 191-unit project, Swerdlow’s mega development, Yakol’s HOUSE by Shigeru Ban, and Midtown Capital’s 348-unit project. These units are perfect for retail uses and creative office uses looking to have a presence in Miami’s coolest neighborhood.
NEARBY MAJOR RETAILERS
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5700 NE 2nd Ave
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