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RK Town Center - 168th | Sunny Isles Beach 16850 Collins Ave 1,800 SF of Retail Space Available in Sunny Isles Beach, FL 33160
Highlights
- Prime location along Collins Avenue, Sunny Isles Beach’s main commercial boulevard, with strong year-round vehicle and pedestrian traffic.
- Positioned within a well-established retail center alongside recognizable national and regional brands.
- High signage visibility with option for prominent pylon display to capture tourism and commuter traffic.
- Fully built-out former restaurant space, providing infrastructure such as hood and grease trap for seamless transition.
- Convenient on-site parking and improved accessibility with dedicated turn lane and signalized intersection.
- Surrounding affluent residential towers and luxury hotels enhance customer demographics and spending potential.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This 1,800-square-foot retail space is positioned within RK Town Center - 168th, a prominent shopping destination in the vibrant Sunny Isles Beach corridor. Located on Collins Avenue, the property enjoys high visibility and vehicular exposure along one of South Florida’s most active thoroughfares connecting Bal Harbour, Sunny Isles, and Aventura. The space is available for immediate occupancy and has been fully built out as a functioning restaurant, featuring specialized infrastructure for food service including ventilation systems, grease trap, and plumbing. The property boasts pylon signage, a dedicated turn lane, and traffic signal access for optimal customer convenience. Anchored by well-known retailers such as Marshalls, the center benefits from a steady flow of both residents and visiting tourists, leveraging the surrounding mix of luxury condominiums, hotels, and year-round hospitality traffic. With negotiable lease terms and a business-friendly setting, this location presents an ideal opportunity for retail, service, or restaurant users seeking a high-exposure placement in a popular coastal retail market.
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 RK Town Center - 168th | Sunny Isles Beach
- Tenant
- Description
- US Locations
- Reach
- Marshalls
- Dept Store
- 1,374
- International
| Tenant | Description | US Locations | Reach |
| Marshalls | Dept Store | 1,374 | International |
Property Facts
| Total Space Available | 1,800 SF | Total Land Area | 6.31 AC |
| Property Type | Retail | Year Built | 1996 |
| Property Subtype | Freestanding | Parking Ratio | 1.61/1,000 SF |
| Gross Leasable Area | 31,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 31,000 SF |
| Total Land Area | 6.31 AC |
| Year Built | 1996 |
| Parking Ratio | 1.61/1,000 SF |
About the Property
**Turnkey Mexican Restaurant for Sale | Sunny Isles Beach, FL | Key Money: $299,000** Open and operating, fully equipped 1,800 sq. ft. restaurant for sale in the heart of Sunny Isles Beach! This is a rare opportunity to acquire a turnkey, beautifully built-out restaurant featuring a hood system, grease trap, and all active permits and licenses already in place. This authentic Mexican restaurant has successfully operated at the same location for 24 years, with the current owner running the business for the past 8 years. The operation is supported by 10 employees and has built a loyal customer base among both locals and tourists. The sale includes all furniture, fixtures, equipment, permits, and licenses, allowing for a seamless transition to new ownership. The restaurant's established name and signature recipes may remain, or a buyer can introduce their own concept in this highly desirable location. Offered as an asset sale, this versatile opportunity is ideal for an owner-operator or investor looking to capitalize on the strong local and tourist traffic that Sunny Isles Beach provides. **Key Money:** $299,000 ? Fully Equipped Restaurant ? Hood & Grease Trap ? Active Permits & Licenses ? Established Location with Long Operating History ? Prime Sunny Isles Beach Location ? Strong Local & Tourist Clientele ? HD Video Available ? May Qualify for Visa As full-time restaurant business brokers, we're here to guide you through every step of the acquisition process.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
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RK Town Center - 168th | Sunny Isles Beach | 16850 Collins Ave
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