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Prime Leasing Opportunity 185 NE 59th St 2,971 SF of Retail Space Available in Miami, FL 33137
HIGHLIGHTS
- High visibility
- Proximity to key Miami neighborhoods
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,971 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $8,665 /MO $103,985 /YR | Modified Gross |
2nd Floor
The second floor of 185 NE 59th St offers a prime leasing opportunity in the heart of Miami's vibrant Little Haiti neighborhood. This 2,971 SF space, currently under renovation, is scheduled for completion in November 2024. Strategically located across from the Cultural Center, this property provides tenants with unparalleled access to a dynamic cultural hub, while being just minutes away from Miami's premier districts, including the Design District, MiMo, and major highways I-95 and I-195. The location promises high visibility and foot traffic, benefiting from the neighborhood's ongoing growth and development. With its proximity to key Miami neighborhoods and major transportation routes, this space is well-positioned to attract a diverse range of tenants seeking to establish or expand their presence in one of the city’s most exciting and rapidly evolving areas.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- High visibility
- Proximity to key Miami neighborhoods
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 | 2,971 SF | Year Built | 1959 |
| Property Type | Retail | Parking Ratio | 0.83/1,000 SF |
| Gross Leasable Area | 8,452 SF |
| Total Space Available | 2,971 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,452 SF |
| Year Built | 1959 |
| Parking Ratio | 0.83/1,000 SF |
ABOUT THE PROPERTY
The second floor of 185 NE 59th St offers a prime leasing opportunity in the heart of Miami's vibrant Little Haiti neighborhood. This 2,971 SF space, currently under renovation, is scheduled for completion in November 2024. Strategically located across from the Cultural Center, this property provides tenants with unparalleled access to a dynamic cultural hub, while being just minutes away from Miami's premier districts, including the Design District, MiMo, and major highways I-95 and I-195. The location promises high visibility and foot traffic, benefiting from the neighborhood's ongoing growth and development. With its proximity to key Miami neighborhoods and major transportation routes, this space is well-positioned to attract a diverse range of tenants seeking to establish or expand their presence in one of the city’s most exciting and rapidly evolving areas.
NEARBY MAJOR RETAILERS
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Prime Leasing Opportunity | 185 NE 59th St
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