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Somerset Shoppes 8903 W Glades Rd 2,469 SF of Retail Space Available in Boca Raton, FL 33434
Highlights
- The intersection at Glades Rd and Lyons road sees 38,730 vehicles per day as of 2022.
- consumer spending in 5 miles radius is $3.2 billion with $843 million coming from food and beverage.
- Demographics show Population at 3 mile radius is 204,878 with average household income at $104,000.
- Easy access of Florida Turnpike toll road to east and Us-441 S from the west.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A5 | 2,469 SF | 10 Years | $40.00 /SF/YR $3.33 /SF/MO $98,760 /YR $8,230 /MO | Triple Net (NNN) |
8903 W Glades Rd - 1st Floor - Ste A5
Placer AI highly rated Retail Center on the corner of Lyons and Glades
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 Somerset Shoppes
- TJ MAXX, Saks Off 5th, Michaels Arts & Crafts
Property Facts
| Total Space Available | 2,469 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 187,756 SF |
| Parking | 2112 Spaces | Total Land Area | 20.16 AC |
| Stores | 11 | Year Built | 1987 |
| Center Properties | 5 |
| Total Space Available | 2,469 SF |
| Center Type | Community Center |
| Parking | 2112 Spaces |
| Stores | 11 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 187,756 SF |
| Total Land Area | 20.16 AC |
| Year Built | 1987 |
About the Property
The Shoppes are anchored by TJ Maxx, Michaels, Saks Off 5th Avenue, and feature many different restaurants and local shops. The Somerset Shoppes continues to be the premiere shopping destination in the West Boca are. Located on the Northeast corner of Lyons and Glades in Boca Raton FL.
- Banking
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Somerset Shoppes | 8903 W Glades Rd
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