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The Promenade Shops At 163rd 1765-1781 NE 163rd St 4,521 SF of Retail Space Available in North Miami Beach, FL 33162

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HIGHLIGHTS

  • A strategically placed strip center situated on 163rd Street.
  • 1-story shopping center with 9 retail units plus 1 stand-alone.
  • One of North Miami Beach’s emerging markets.
  • Store mix includes national brand tenants like Casual Male DXL, Scrubs & Beyond, and Pollo Tropical.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 1735-1741
  • 4,521 SF
  • Negotiable
  • $39.07 CAD/SF/YR $3.26 CAD/SF/MO $176,616 CAD/YR $14,718 CAD/MO
  • Triple Net (NNN)
1705-1741 NE 163rd St - 1st Floor - Ste 1735-1741
Space Use
Retail
Condition
Partial Build-Out
Availability
120 Days

Position your business in the heart of North Miami Beach's bustling commercial corridor. This 4,521 SF retail space is part of a strategically located strip center on NE 163rd Street, offering high visibility and foot traffic. Key Features: - Size: 4,521 SF - Lease Rate: $28/SF - CAM: $18/SF approx - Tenant Mix: Join national brands like Casual Male DXL, Scrubs & Beyond, Batteries & Bulbs, Fajas Depot, and Pollo Tropical. - Structure: Single-story shopping center with 9 retail units and 1 stand-alone unit. Location Highlights: - Situated on NE 163rd Street, also known as Florida State Road 826, a major east-west artery in North Miami Beach. - Adjacent to The Mall at 163rd Street, a well-known shopping destination. - North Miami Beach boasts a diverse population of over 43,000 residents. Ideal For: - Retailers seeking a high-traffic location with established national co-tenants. - Businesses aiming to tap into North Miami Beach's diverse and growing market. Don't miss this opportunity to establish your presence in one of North Miami Beach's prime retail locations. For leasing information and to schedule a tour, please contact us today.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1 Available Space of +/- 4,521 SF.
  • High visibility and foot traffic.
  • Join national brands like Casual Male, Scrubs
  • Consolidated commercial area with new projects
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1735-1741 4,521 SF Negotiable $39.07 CAD/SF/YR $3.26 CAD/SF/MO $176,616 CAD/YR $14,718 CAD/MO Triple Net (NNN)

1705-1741 NE 163rd St - 1st Floor - Ste 1735-1741

Size
4,521 SF
Term
Negotiable
Rental Rate
$39.07 CAD/SF/YR $3.26 CAD/SF/MO $176,616 CAD/YR $14,718 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Partial Build-Out
Availability
120 Days

Position your business in the heart of North Miami Beach's bustling commercial corridor. This 4,521 SF retail space is part of a strategically located strip center on NE 163rd Street, offering high visibility and foot traffic. Key Features: - Size: 4,521 SF - Lease Rate: $28/SF - CAM: $18/SF approx - Tenant Mix: Join national brands like Casual Male DXL, Scrubs & Beyond, Batteries & Bulbs, Fajas Depot, and Pollo Tropical. - Structure: Single-story shopping center with 9 retail units and 1 stand-alone unit. Location Highlights: - Situated on NE 163rd Street, also known as Florida State Road 826, a major east-west artery in North Miami Beach. - Adjacent to The Mall at 163rd Street, a well-known shopping destination. - North Miami Beach boasts a diverse population of over 43,000 residents. Ideal For: - Retailers seeking a high-traffic location with established national co-tenants. - Businesses aiming to tap into North Miami Beach's diverse and growing market. Don't miss this opportunity to establish your presence in one of North Miami Beach's prime retail locations. For leasing information and to schedule a tour, please contact us today.

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • 1 Available Space of +/- 4,521 SF.
  • High visibility and foot traffic.
  • Join national brands like Casual Male, Scrubs
  • Consolidated commercial area with new projects

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 THE PROMENADE SHOPS AT 163RD

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Cycle Gear
  • Retailer
  • -
  • -
  • Pollo Tropical
  • Accommodation and Food Services
  • -
  • -
  • Rainbow Apparel
  • Ladies' Apparel
  • 1,148
  • National
  • Saloncentric
  • Health & Beauty Aids
  • 860
  • International
  • Scrubs & Beyond
  • Unisex Apparel
  • 198
  • National
  • Visionworks Promenade Shops
  • Optical
  • 1,321
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Cycle Gear Retailer - -
Pollo Tropical Accommodation and Food Services - -
Rainbow Apparel Ladies' Apparel 1,148 National
Saloncentric Health & Beauty Aids 860 International
Scrubs & Beyond Unisex Apparel 198 National
Visionworks Promenade Shops Optical 1,321 National

PROPERTY FACTS

Total Space Available 4,521 SF
Center Type Neighborhood Center
Parking 101 Spaces
Stores 10
Center Properties 4
Frontage 187’ on 163rd
Gross Leasable Area 36,134 SF
Total Land Area 1.90 AC
Year Built 1976
Cross Streets N.E. 163rd St. btwn. 17th & 18th Av

FEATURES AND AMENITIES

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Checkers
Truist
Planet Fitness
HOTWORX
Regions Bank
Valley National Bank
TD Bank
Chase Bank
Bank of America
Snap Fitness 24/7
  • Listing ID: 29169477

  • Date on Market: 2023-05-15

  • Last Updated:

  • Address: 1765-1781 NE 163rd St, North Miami Beach, FL 33162

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