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Esplanade 150 Worth Avenue 150 Worth Ave 1,100 - 7,900 SF of 4-Star Space Available in Palm Beach, FL 33480
HIGHLIGHTS
- Parking garage attached to the building
- Unparalleled location one block from the ocean
- On-site management and day porters
- One of a kind office space with balconies facing Worth Avenue
- High ceilings
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,700-3,400 SF | 3-10 Years | $174.49 CAD/SF/YR $14.54 CAD/SF/MO $593,266 CAD/YR $49,439 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 213 | 2,200 SF | 3-10 Years | $209.39 CAD/SF/YR $17.45 CAD/SF/MO $460,654 CAD/YR $38,388 CAD/MO | Full Service | ||
| 2nd Floor, Ste 216 | 1,200 SF | 3-10 Years | $209.39 CAD/SF/YR $17.45 CAD/SF/MO $251,266 CAD/YR $20,939 CAD/MO | Full Service | ||
| 2nd Floor, Ste 218 | 1,100 SF | 3-10 Years | $209.39 CAD/SF/YR $17.45 CAD/SF/MO $230,327 CAD/YR $19,194 CAD/MO | Full Service |
1st Floor
Can be leased as one 3,400 SF suite or demised into two (2) 1,700 SF suites.
- Lease rate does not include utilities, property expenses or building services
- Kitchen
- Private Restrooms
- Ideal for retail, quick service food, etc.
- Valet parking available
- Private Restroom
- Large Kitchen/Bathroom
- High Visibility; Lots of foot traffic
2nd Floor, Ste 213
Parking Ratio: 3.96/1,000 SF, Valet parking available for guest
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Natural Light
- Located in-line with other retail
2nd Floor, Ste 216
Parking Ratio: 3.96/1,000 SF, Valet parking available for guest
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Natural Light
2nd Floor, Ste 218
Parking Ratio: 3.96/1,000 SF, Valet parking available for guest
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Natural Light
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 ESPLANADE 150 WORTH AVENUE
- Colorist Hair Studio & Spa
- Greyson Clothiers
- Gucci
- Saks Fifth Avenue
- Worth Ave Yachts
PROPERTY FACTS
| Total Space Available | 7,900 SF | Gross Leasable Area | 129,994 SF |
| Min. Divisible | 1,100 SF | Total Land Area | 2.00 AC |
| Property Type | Retail | Year Built/Renovated | 1979/2001 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.3/1,000 SF |
| Total Space Available | 7,900 SF |
| Min. Divisible | 1,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 129,994 SF |
| Total Land Area | 2.00 AC |
| Year Built/Renovated | 1979/2001 |
| Parking Ratio | 3.3/1,000 SF |
ABOUT THE PROPERTY
The Esplanade at 150 Worth Avenue is a 95,000 square foot luxury lifestyle center located on the world famous Worth Avenue in Palm Beach, Florida. Tenants can enjoy all of the outstanding amenities and iconic brands Worth Avenue has to offer.
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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Esplanade 150 Worth Avenue | 150 Worth Ave
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