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South Kendall Square 12520-12560 SW 120th Ave 1,440 - 3,400 SF of Retail Space Available in Miami, FL 33186
HIGHLIGHTS
- Located in dense, high-income Kendall area
- Daytime population exceeds 52,500 within 3 miles
- Pylon signage available
- Adjacent to 800-home Kendall Breeze residential community
- Excellent visibility and accessibility - two traffic lights
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12512 | 1,440 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 12544 | 1,960 SF | Negotiable | $67.00 CAD/SF/YR $5.58 CAD/SF/MO $131,328 CAD/YR $10,944 CAD/MO | Negotiable |
12520-12560 SW 120th St - 1st Floor - Ste 12512
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- 2nd generation restaurant space
- Next to Starbucks
12520-12560 SW 120th St - 1st Floor - Ste 12544
1960 SF of inline retail space available.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Pylon signage available
- Former real estate office
- Very clean condition
- Great frontage
- In the heart of Kendall
- 7 access points
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.
SITE PLAN
SELECT TENANTS AT SOUTH KENDALL SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ABC Fine Wine & Spirits
- Liquor
- 127
- Local
- Bank of America
- Bank
- 6,622
- International
- Chase Bank
- Bank
- 7,622
- National
- Happy Hippo Too Preschool
- Daycare
- 2
- Local
- KFC
- Fast-food
- 5,129
- International
- Walgreens
- Drug Store
- 9,268
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ABC Fine Wine & Spirits | Liquor | 127 | Local |
| Bank of America | Bank | 6,622 | International |
| Chase Bank | Bank | 7,622 | National |
| Happy Hippo Too Preschool | Daycare | 2 | Local |
| KFC | Fast-food | 5,129 | International |
| Walgreens | Drug Store | 9,268 | International |
PROPERTY FACTS
| Total Space Available | 3,400 SF | Frontage | 1,354’ on SW 120th Street |
| Center Type | Neighborhood Center | Gross Leasable Area | 73,294 SF |
| Parking | 1018 Spaces | Total Land Area | 12.93 AC |
| Center Properties | 7 | Year Built | 2004 |
| Total Space Available | 3,400 SF |
| Center Type | Neighborhood Center |
| Parking | 1018 Spaces |
| Center Properties | 7 |
| Frontage | 1,354’ on SW 120th Street |
| Gross Leasable Area | 73,294 SF |
| Total Land Area | 12.93 AC |
| Year Built | 2004 |
ABOUT THE PROPERTY
This 110,000 square foot shopping center and office building is located at the corner of SW 120th Street and SW 127th Avenue in Kendall in a high traffic area. It is located less than one mile west of a Florida Turnpike exit and directly across from a 61,000 SF Publix shopping center. Current tenants include Bonefish Grill, Walgreens, ABC Fine Wine & Spirits, Wing Stop, Starbucks, Robeks, Bank of America, Chase and KFC. This prime location enjoys AADT traffic counts of over 53,000 at the intersection.
- Pylon Sign
NEARBY MAJOR RETAILERS
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South Kendall Square | 12520-12560 SW 120th Ave
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