Your email has been sent.
1516 Ponce De Leon Blvd 1,310 SF of Retail Space Available in Coral Gables, FL 33134
HIGHLIGHTS
- 8 retail bays with direct frontage on Ponce de Leon Boulevard
- Interior ceiling height is 11’9” clear
- Available SF: 1,310 SF
- 2 retail bays on Mendoza Avenue
- Coral Gables Trolley Stop directly in front on Ponce and Mendoza
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1522 | 1,310 SF | Negotiable | $55.66 CAD/SF/YR $4.64 CAD/SF/MO $72,915 CAD/YR $6,076 CAD/MO | Triple Net (NNN) |
1516-1526 Ponce De Leon Blvd - 1st Floor - Ste 1522
Available SF: 1,310 SF Lease Rate: $40.00 PSF, NNN Year Renovated: 2020 Building Size: 8,956 SF Space Renovated: 2020 Zoning: MX-2
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 1516 PONCE DE LEON BLVD, CORAL GABLES, FL 33134
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alejandra Floral Art, LLC
- Services
- 1
- -
- Art Floral
- Retailer
- 1
- -
- European Flooring
- Retailer
- 1
- -
- Jorge Rivera, LLC
- Retailer
- 1
- -
- RIVERA Performance & Recovery
- Fitness
- 1
- Local
- The House of Suits
- Men's Apparel
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alejandra Floral Art, LLC | Services | 1 | - |
| Art Floral | Retailer | 1 | - |
| European Flooring | Retailer | 1 | - |
| Jorge Rivera, LLC | Retailer | 1 | - |
| RIVERA Performance & Recovery | Fitness | 1 | Local |
| The House of Suits | Men's Apparel | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,310 SF | Frontage | 120’ on Ponce De Leon |
| Center Type | Strip Center | Gross Leasable Area | 8,956 SF |
| Parking | 26 Spaces | Total Land Area | 0.29 AC |
| Stores | 1 | Year Built | 1948 |
| Center Properties | 1 |
| Total Space Available | 1,310 SF |
| Center Type | Strip Center |
| Parking | 26 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 120’ on Ponce De Leon |
| Gross Leasable Area | 8,956 SF |
| Total Land Area | 0.29 AC |
| Year Built | 1948 |
ABOUT THE PROPERTY
• 8 retail bays with direct frontage on Ponce de Leon Boulevard & 2 retail bays on Mendoza Avenue. Interior ceiling height is 11’9” clear. • Building upgrades include: new roof, new HVAC systems, new ADA compliant restrooms, impact resistant windows and doors, new electrical panels, newly installed light fixtures, and data drops, illuminated signage connections above the storefronts, new fire alarm system connected to the Coral Gables fire department and smoke detectors • Coral Gables Trolley Stop directly in front on Ponce and Mendoza
- Air Conditioning
- Signage
NEARBY MAJOR RETAILERS
Presented by
1516 Ponce De Leon Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.