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Centro City 3701 NW 7th St 4,000 - 19,907 SF of Retail Space Available in Miami, FL 33126
HIGHLIGHTS
- 320,000 SF Leasable Retail Area
- 25,000 Average Daily Traffic on NW 37th Ave; 19,100 Average Daily Traffic on NW 7th St
- 1,188 Residential Units; 2,766 Parking Spaces
- 39 Acres
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Space 14 | 8,700 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Space 31 | 4,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste Space 5 | 7,207 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Space 14
- Located in-line with other retail
1st Floor, Ste Space 31
- Highly Desirable End Cap Space
1st Floor, Ste Space 5
- 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.
SITE PLAN
SELECT TENANTS AT CENTRO CITY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Five Below
- -
- -
- -
- Fresco y Mas
- Supermarket
- 30
- Regional
- Ross
- -
- -
- -
- Target
- Dept Store
- 2,404
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Five Below | - | - | - |
| Fresco y Mas | Supermarket | 30 | Regional |
| Ross | - | - | - |
| Target | Dept Store | 2,404 | International |
PROPERTY FACTS
| Total Space Available | 19,907 SF | Gross Leasable Area | 320,000 SF |
| Property Type | Retail | Year Built/Renovated | 1959/2023 |
| Property Subtype | Storefront | Parking Ratio | 7.81/1,000 SF |
| Total Space Available | 19,907 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 320,000 SF |
| Year Built/Renovated | 1959/2023 |
| Parking Ratio | 7.81/1,000 SF |
ABOUT THE PROPERTY
Centro City will transform an existing shopping center into a community-centered mixed-use destination with the construction of 1,188 apartment units and public open spaces, tied to flagship retail stores including Fresco y Más, Ross, Walgreens and Target. This development will be located on a 39-acre site located at the northwest corner of NW 7th Street and NW 37th Avenue in Miami, FL, across the street from the historic Magic City Casino, a Miami gaming and entertainment institution. There is a significant lack of supply and a high demand for new construction multifamily in this urban infill submarket, and Centro City will serve to fill that void.
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
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Centro City | 3701 NW 7th St
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