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SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5712 | 1,102 SF | 3-5 Years | $70.00 /SF/YR $5.83 /SF/MO $77,140 /YR $6,428 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5718 | 1,115 SF | 3-5 Years | $70.00 /SF/YR $5.83 /SF/MO $78,050 /YR $6,504 /MO | Triple Net (NNN) |
1st Floor, Ste 5712
Space Use: Space was previously used as a Nail Salon but can be utilized as any professional use.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 2,217 SF of adjacent space
1st Floor, Ste 5718
Space Use: Space was previously used as a HairSalon but can be utilized as any professional use.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 2,217 SF of adjacent space
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 | 2,217 SF | Year Built | 1955 |
| Property Type | Retail | Parking Ratio | 1.4/1,000 SF |
| Gross Leasable Area | 34,901 SF |
| Total Space Available | 2,217 SF |
| Property Type | Retail |
| Gross Leasable Area | 34,901 SF |
| Year Built | 1955 |
| Parking Ratio | 1.4/1,000 SF |
ABOUT THE PROPERTY
The Crossroads building is a two-story trophy, commercial building of 34,901 sq. ft. with retail on the first floor and office on the second floor. It is located at (“Main & Main”) the southwest corner of Red Road and Sunset Drive, in busy South Miami, Florida, only a couple blocks from the University of Miami. High Traffic count of over 77,000 cars daily; heavy day time foot traffic, with a walk score of 98 out of 100: Walker’s Paradise!
- Bus Line
NEARBY MAJOR RETAILERS
Presented by
The Crossroads | 7200-7222 Red Rd
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