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JOSEPHINE'S PLAZA 5701 N Federal Hwy 988 - 2,779 SF of Retail Space Available in Boca Raton, FL 33487
HIGHLIGHTS
- Frontage on Federal Hwy with 25,000 traffic count
- Light and bright
- Locally managed and maintained
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5701 | 988 SF | 3-5 Years | $40.08 /SF/YR $3.34 /SF/MO $39,599 /YR $3,300 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5791 | 1,791 SF | Negotiable | $26.28 /SF/YR $2.19 /SF/MO $47,067 /YR $3,922 /MO | Triple Net (NNN) |
5701-5781 N Federal Hwy - 1st Floor - Ste 5701
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Highly Desirable End Cap Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
5701-5781 N Federal Hwy - 1st Floor - Ste 5791
End cap with great visibility and lots of parking. Incoming tenants must have listed hours ending at or around 5:30 pm each day. Josephine's Plaza is a 10,000 square foot retail property located directly on Federal Highway in Boca Raton with over 220' of frontage. The tenants include Josephine's Italian Restaurant, a Boca Raton staple for over 20 years, Premier Hair Salon and Carmen Care Health and Wellness Institute. This property is locally owned and managed, and is well maintained. Approximately half a mile north of Yamato Road in East Boca Raton, this property is extremely well located with great visibility. The property is also less than 2 miles from Interstate 95 providing easy access to all three counties in South Florida. Daily traffic count of more than 25,000 cars per day. Please call or text Cameron Somers at 561-206-4679.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- Frontage on Federal Hwy with 25,000 traffic count
- Locally managed and maintained
- Light and bright
- 5 parking spots per 1,000 sf
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 JOSEPHINE'S PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Franco Oriental Rugs
- Retailer
- 1
- -
- Josephine's Italian Restaurant
- Restaurant
- 1
- -
- Premier Hair & Lashes Inc
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Franco Oriental Rugs | Retailer | 1 | - |
| Josephine's Italian Restaurant | Restaurant | 1 | - |
| Premier Hair & Lashes Inc | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,779 SF | Frontage | 220’ on Federal Highway US-1 |
| Center Type | Strip Center | Gross Leasable Area | 12,000 SF |
| Parking | 58 Spaces | Total Land Area | 1.04 AC |
| Stores | 7 | Year Built | 1972 |
| Center Properties | 1 |
| Total Space Available | 2,779 SF |
| Center Type | Strip Center |
| Parking | 58 Spaces |
| Stores | 7 |
| Center Properties | 1 |
| Frontage | 220’ on Federal Highway US-1 |
| Gross Leasable Area | 12,000 SF |
| Total Land Area | 1.04 AC |
| Year Built | 1972 |
ABOUT THE PROPERTY
Josephine's Plaza is a 10,000 square foot retail property located directly on Federal Highway in Boca Raton with over 220' of frontage. The tenants include Josephine's Italian Restaurant, a Boca Raton staple for over 20 years, Premier Hair Salon and Carmen Care Health and Wellness Institute. This property is locally owned and managed, and is well maintained. Approximately half a mile north of Yamato Road in East Boca Raton, this property is extremely well located with great visibility. The property is also less than 2 miles from Interstate 95 providing easy access to all three counties in South Florida. Daily traffic count of more than 25,000 cars per day. Please call or text Cameron Somers at 561-206-4679.
- Restaurant
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
