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554 1st Ave N 1,444 - 4,432 SF of Retail Space Available in Saint Petersburg, FL 33701
HIGHLIGHTS
- Prime location in the heart of downtown St. Petersburg
- Located in-line with other office, retail & hospitality
- Excellent pedestrian traffic
- High traffic count
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 554 | 1,444 SF | Negotiable | $41.50 CAD/SF/YR $3.46 CAD/SF/MO $59,928 CAD/YR $4,994 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 558/560 | 2,988 SF | Negotiable | $55.34 CAD/SF/YR $4.61 CAD/SF/MO $165,343 CAD/YR $13,779 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 554
This space is located in the heart of Downtown St. Petersburg. This space is ideal for a coffee shop, restaurant, bar, retail, fitness, or medical office use. The new federal courthouse is just a couple blocks north, and the new Residences at 400 Central Ave (a 300+ unit luxury condo tower) is just a couple of blocks to the south.
- Lease rate does not include utilities, property expenses or building services
- Located in the heart of DTSP
- Nearly move in ready condition
- High pedestrian and traffic counts
1st Floor, Ste 558/560
This space is located in the heart of Downtown St. Pete. This space would be perfect for a restaurant, bar, fitness, spa, retail, or medical office use. This space meets the qualifications for an SRX license which makes it perfect for a restaurant/bar concept. The new federal courthouse is just a couple blocks north, and the new Residences at 400 Central Ave (a 300+ unit luxury condo tower) is just a couple of blocks to the south. The landlord is offering tenant incentives for the right concept and deal.
- Lease rate does not include utilities, property expenses or building services
- Space meets qualifications for SRX license
- Heart of DTSP
- Shell condition
- Landlord offering tenant incentives
- High pedestrian and traffic count
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 | 4,432 SF | Gross Leasable Area | 6,000 SF |
| Property Type | Retail | Year Built | 1925 |
| Total Space Available | 4,432 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,000 SF |
| Year Built | 1925 |
ABOUT THE PROPERTY
This retail space is ideally situated in the heart of Downtown St. Pete on the 500 Block of 1st Avenue N. which is just around the corner from The Lure, The Floridian Social Club, Book+Bottle, The Crane, Mangosteen, Pacific Counter, Colony Grill and so much more. 554 1st Avenue N. is close to Mirror Lake, and is surrounded by new residential developments coming on-line in the near future. The new federal courthouse is just a couple blocks north, and the new Residences at 400 Central Ave (a 300+ unit luxury condo tower) is just a couple of blocks to the south.
NEARBY MAJOR RETAILERS
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554 1st Ave N
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