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Front/Duval Retail Center 431 Front St 6,291 SF of Retail Space Available in Key West, FL 33040
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,291 SF | Negotiable | $35.83 CAD/SF/YR $2.99 CAD/SF/MO $225,391 CAD/YR $18,783 CAD/MO | Triple Net (NNN) |
1st Floor
Located at the highly visible corner of Duval Street and Front Street, this prominent commercial property sits directly across from the Mallory Square parking lot in the heart of Old Town Key West. The building benefits from exceptional pedestrian traffic driven by tourists, cruise ship passengers, nightly sunset celebrations, and a strong local customer base. The property features multiple storefronts with strong frontage, excellent visibility, and convenient access from both Duval Street and the Mallory Square side. Its central location places it among a well-established mix of national and regional tenants, making it a cornerstone retail and commercial destination within one of Key West’s most active corridors. Zoned HRCC (Historic Residential Commercial Core), the property allows for a variety of commercial uses, including retail, restaurant, and service-oriented concepts, subject to City approvals. Proximity to public parking, high visibility, and constant foot traffic make this an ideal opportunity for tenants seeking a flagship presence in Old Town. This is a rare opportunity to lease space in one of Key West’s most recognizable and high-performing commercial locations.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
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 Front/Duval Retail Center
- Devilish Donuts
- Jewelry & Home Furnishing
- Spice & Tea Exchange
- Starbucks
- Tervis Tumbler
Property Facts
| Total Space Available | 6,291 SF | Gross Leasable Area | 6,291 SF |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Freestanding |
| Total Space Available | 6,291 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,291 SF |
| Year Built | 1976 |
About the Property
Located at the highly trafficked corner of Duval Street and Front Street, this building sits directly across from the Mallory Square parking lot, one of the busiest pedestrian corridors in Key West. The property benefits from constant foot traffic generated by tourists, cruise ship passengers, sunset celebrations, and local residents, making it one of the most dynamic retail locations in Old Town.
Nearby Major Retailers
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Front/Duval Retail Center | 431 Front St
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