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614 Lake Ave 2,405 SF of Retail Space Available in Lake Worth, FL 33460
Highlights
- Excellent Walkable Location
- Located in the Heart of the Entertainment Dining District
- Outside Covered Seating
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 614 | 2,405 SF | 14’ | 5-7 Years | $40.00 /SF/YR $3.33 /SF/MO $96,200 /YR $8,017 /MO | Triple Net (NNN) |
1st Floor, Ste 614
This fully built-out restaurant is ready for its next chapter. Built in 1955 and remodeled several times since, most recently in 2018-2019. New roof in 2019, along with a new in 2018 15-ton HVAC system. Your new concept will thrive in this heart-of-downtown Lake Worth Beach location
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Finished Ceilings: 14’
- Hardwood Floors
- Smoke Detector
- Great Lake Avenue Location!
- Outside Covered Seating
- Large Bar Area
- Pecky Cypress Ceiling
- Updated Bathrooms
- Full Kitchen!
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 | 2,405 SF | Gross Leasable Area | 2,405 SF |
| Property Type | Retail | Year Built/Renovated | 1955/2019 |
| Property Subtype | Restaurant | Parking Ratio | 0.42/1,000 SF |
| Total Space Available | 2,405 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,405 SF |
| Year Built/Renovated | 1955/2019 |
| Parking Ratio | 0.42/1,000 SF |
About the Property
This fully built-out restaurant is ready for its next chapter. Built in 1955 and remodeled several times since, most recently in 2018-2019. New roof in 2019, along with a new in 2018 15-ton HVAC system. Your new concept will thrive in this heart-of-downtown Lake Worth Beach location Zoning District - DT Intent. The "downtown (DT) district" is designed for the commercial core of Lake Worth, primarily along Lake and Lucerne Avenues from Golfview to the Florida East Coast Railroad right-of-way. The DT district is intended to provide the establishment and expansion of a broad range of office and commercial uses, including higher density residential use. Certain commercial uses are not permitted in the district because they will be detrimental to the shopping or office functions of the area. The establishment of certain uses is subject to conditional use review to ensure they will not have a negative impact on nearby residential uses or on the commercial viability of their neighbors. The district implements in part the downtown mixed use land use category of the Lake Worth Comprehensive Plan.
- Bus Line
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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614 Lake Ave
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