|
|
The Toll Building 70 NW 28th St 1,005 - 6,993 SF of Space Available in Miami, FL 33127
HIGHLIGHTS
- Total Retail SF: 3,358 SF
- Natural Light
- Total Office SF: 3,765 SF
- Capability to add mezzanine for storage
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,005-2,245 SF | Negotiable | $75.00 /SF/YR $6.25 /SF/MO $807.29 /m²/YR $67.27 /m²/MO $14,031 /MO $168,375 /YR | Triple Net (NNN) | ||
| 3rd Floor | 4,748 SF | Negotiable | $65.00 /SF/YR $5.42 /SF/MO $699.65 /m²/YR $58.30 /m²/MO $25,718 /MO $308,620 /YR | Triple Net (NNN) |
1st Floor
The Toll Building is a 3-story retail jewel box with a collaborative design speared by Arquietectonica and Studio James Brazil. It provides retail users with a unique opportunity to lease the majority storefront ground-floor space consisting of 2,245 SF (divisible) with the capability to add a mezzanine for storage or potential additional occupiable space Wynwood. Given the retail unit’s efficient layout, it may be subdivided to accommodate a variety of sizes as small as 1,005 SF. Within the scope of possibilities of uses, businesses such as a cafe, dry retail, fitness, and ground floor office uses, are all welcome. Tenants can synergically connect with patrons who attend the anchoring tenant of the building, The Stand, Restaurant & Comedy Club, originally from New York City. The Stand's restaurant and bar will occupy a portion of the inner paseo space for its restaurant and connect to the second floor of the Comedy Club. Additionally, The Toll Building offers office, entertainment, and fitness users an opportunity to occupy 4,748 SF on the 3rd floor with a 1,275 SF terrace. The 3rd floor offers plenty of natural light filtering into the unit with a private terrace and elevator opening directly into the suite. The Toll Building shell is expected to be completed in the Summer of 2025 and hard hat tours are currently underway. For a private tour, please inquire directly.
- Lease rate does not include utilities, property expenses or building services
3rd Floor
The office includes a private terrace. The Toll Building offers office and fitness users an opportunity to occupy 3,765 SF on the 3rd floor with a 1,200 SF terrace. The 3rd floor offers plenty of natural light filtering into the unit with its own private terrace and elevator opening directly into the suite.
- Lease rate does not include utilities, property expenses or building services
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 | 6,993 SF | Gross Leasable Area | 17,415 SF |
| Min. Divisible | 1,005 SF | Year Built | 2025 |
| Property Type | Retail | Construction Status | Under Construction |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,993 SF |
| Min. Divisible | 1,005 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 17,415 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
ABOUT THE PROPERTY
The Toll Building is a 3-story retail jewel box with a collaborative design speared by Arquietectonica and Studio James Brazil. It provides retail users with a unique opportunity to lease the majority storefront ground-floor space consisting of 2,245 SF (divisible) with the capability to add a mezzanine for storage or potential additional occupiable space Wynwood. Given the retail unit’s efficient layout, it may be subdivided to accommodate a variety of sizes as small as 1,005 SF. Within the scope of possibilities of uses, businesses such as a cafe, dry retail, fitness, and ground floor office uses, are all welcome. Tenants can synergically connect with patrons who attend the anchoring tenant of the building, The Stand, Restaurant & Comedy Club, originally from New York City. The Stand's restaurant and bar will occupy a portion of the inner paseo space for its restaurant and connect to the second floor of the Comedy Club. Additionally, The Toll Building offers office, entertainment, and fitness users an opportunity to occupy 4,748 SF on the 3rd floor with a 1,275 SF terrace. The 3rd floor offers plenty of natural light filtering into the unit with a private terrace and elevator opening directly into the suite. The Toll Building shell is expected to be completed in the Summer of 2025 and hard hat tours are currently underway. For a private tour, please inquire directly.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| North Miami Avenue | NE 26th St, S | 15,966 | 2022 | 0.11 mi |
| Northwest 2nd Avenue | NW 24th St, N | 7,869 | 2022 | 0.26 mi |
| Northeast 2nd Avenue | NE 31st St, N | 8,448 | 2022 | 0.38 mi |
| Biscayne Blvd | NE 30th St, N | 36,539 | 2022 | 0.46 mi |
| Northwest 5th Avenue | NW 33rd St, N | 4,166 | 2022 | 0.52 mi |
| NW 20th St | NW 1st Pl, W | 13,454 | 2022 | 0.53 mi |
| Northwest 20th Street | NW 1st Pl, W | 16,083 | 2022 | 0.53 mi |
| Northwest 36th Street | NW 1st Ave, W | 18,350 | 2022 | 0.53 mi |
| Biscayne Boulevard | NE 22nd St, S | 35,476 | 2022 | 0.54 mi |
| N Miami Ave | NE 19th St, S | 6,840 | 2022 | 0.55 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
UP -MURAL
SIDE -MURAL
70 NW 28th St_compressed_pages-to-jpg-0006