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Retail/Restaurant Spaces at Martin's Landing 10431 SE Federal Hwy 1,500 - 3,979 SF of Retail Space Available in Hobe Sound, FL 33455
Highlights
- Turn-key space ideal for restaurant or cafe use
- Option to lease 1,500 SF to 3,979 SF
- End-cap with large building signage
- High-end finishes and modern fixtures
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10431 | 1,500-3,979 SF | 3-15 Years | $49.30 CAD/SF/YR $4.11 CAD/SF/MO $196,152 CAD/YR $16,346 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 10431
These are really great looking dining spaces featuring covered outdoor seating. High-end finishes and fixtures throughout, and a fully functional commercial kitchen.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Hardwood Floors
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 | 3,979 SF | Gross Leasable Area | 14,602 SF |
| Min. Divisible | 1,500 SF | Year Built | 2020 |
| Property Type | Retail | Parking Ratio | 3.42/1,000 SF |
| Property Subtype | Restaurant |
| Total Space Available | 3,979 SF |
| Min. Divisible | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 14,602 SF |
| Year Built | 2020 |
| Parking Ratio | 3.42/1,000 SF |
About the Property
• Launch your business in one of Hobe Sound's established neighborhood shopping centers. This highly visible end-cap space at Martin's Landing Shopping Plaza offers ±5,479 SF of flexible retail space with the ability to subdivide into two separate spaces ranging from 1,500 SF to 3,979 SF, providing opportunities for a variety of retail, restaurant, medical, or service-oriented users. • Previously occupied by a restaurant, the space presents an excellent opportunity for another dining concept while also offering flexibility to be reconfigured for numerous commercial uses. • Prominent frontage along SE Federal Highway (US-1) provides outstanding visibility, convenient access, and ample parking for customers and employees alike. • Martin's Landing is home to a diverse mix of established tenants including Peggy's Natural Foods, MÜV Cannabis Dispensary, a popular nail spa, and other neighborhood retailers and service providers that generate consistent daily traffic.
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Retail/Restaurant Spaces at Martin's Landing | 10431 SE Federal Hwy
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