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Premier Standalone Office/Retail Opportunity 16350 NE 12th Ave 2,888 SF of Office/Retail Space Available in North Miami Beach, FL 33162
Highlights
- Proximity to big-box retail and grocery stores like Home Depot, Wal-Mart, Lowe's Home Improvement, Publix, and Ross.
- Perfectly situated in between Biscayne Blvd. and Interstate 95.
- Nearby kosher food markets: South Florida Kosher Meats and Yes Market.
- Street frontage along with parking. Approximately 4 spaces per 1,000 SF of space. 4 Covered parking spaces. One ADA reserved parking space.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,888 SF | Negotiable | $47.91 CAD/SF/YR $3.99 CAD/SF/MO $138,351 CAD/YR $11,529 CAD/MO | Triple Net (NNN) |
1st Floor
A stone's throw from busy 163rd Street, this centrally located standalone building offers excellent visibility and flexibility in one of North Miami Beach’s most desirable commercial corridors. Zoned for both office and retail use, the property delivers strategic street-front presence without main-thoroughfare pricing, plus the added benefit of dedicated on-site parking. Bordering a residential pocket in Unincorporated Miami-Dade where home values continue to rise, this property presents a compelling opportunity for business owners to capitalize on an upcoming demographic shift and secure a competitive rate ahead of rising market rents.
- Lease rate does not include utilities, property expenses or building services
- Proximity to big-box retail and grocery stores
- Nearby kosher food markets: South Florida Kosher
- Situated in between Biscayne Blvd. and I-95
- Street frontage along with parking.
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 Premier Standalone Office/Retail Opportunity
- Tenant
- Description
- US Locations
- Reach
- Allstate Insurance Company
- Insurance
- 16,844
- International
| Tenant | Description | US Locations | Reach |
| Allstate Insurance Company | Insurance | 16,844 | International |
Property Facts
| Total Space Available | 2,888 SF | Gross Leasable Area | 2,888 SF |
| Property Type | Retail | Year Built | 1973 |
| Total Space Available | 2,888 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,888 SF |
| Year Built | 1973 |
About the Property
A stone's throw from busy 163rd Street, this centrally located standalone building offers excellent visibility and flexibility in one of North Miami Beach’s most desirable commercial corridors. Zoned for both office and retail use, the property delivers strategic street-front presence without main-thoroughfare pricing, plus the added benefit of dedicated on-site parking. Bordering a residential pocket in Unincorporated Miami-Dade where home values continue to rise, this property presents a compelling opportunity for business owners to capitalize on an upcoming demographic shift and secure a competitive rate ahead of rising market rents.
Nearby Major Retailers
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Premier Standalone Office/Retail Opportunity | 16350 NE 12th Ave
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