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2820-2824 NW 5th Ave 6,889 - 13,778 SF of Retail Space Available in Miami, FL 33127
HIGHLIGHTS
- Located between two major intersections
- High traffic community
- Easy access to Interstate 95
- Large Store Front signage
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 6,889 SF | 9’ | 1-5 Years | $38.71 CAD/SF/YR $3.23 CAD/SF/MO $266,673 CAD/YR $22,223 CAD/MO | Modified Gross | |
| 2nd Floor | 6,889 SF | 16’ - 18’ | 1-5 Years | $38.71 CAD/SF/YR $3.23 CAD/SF/MO $266,673 CAD/YR $22,223 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 13,778 SF of adjacent space
- Finished Ceilings: 9’
2nd Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 13,778 SF of adjacent space
- Finished Ceilings: 16’ - 18’
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.
PROPERTY FACTS
| Total Space Available | 13,778 SF | Gross Leasable Area | 13,778 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Storefront | Parking Ratio | 0.36/1,000 SF |
| Total Space Available | 13,778 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,778 SF |
| Year Built | 1972 |
| Parking Ratio | 0.36/1,000 SF |
ABOUT THE PROPERTY
Facing 5th ave and in the highly desirable Wynwood, this flex space offers a total of 13,000 sqft equally divided on 2 floors, with the 2nd floor boasting extra high 18 foot ceilings with twin T roof! Massive open space perfect for a gallery, showroom, restaurant, club, retail or hybrid. Both floors are fully air-conditioned with units less than 3 years old. 5th Ave is the future of Wynwood, with the Master Plan approved in 2020, 5th ave is expected to see a massive redesign take place making 5th Ave a main Miami corridor.
- Atrium
- Bus Line
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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2820-2824 NW 5th Ave
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