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Hwy 27 Retail Space Opportunity 594 US Highway 27 18,044 SF of Retail Space Available in Lake Placid, FL 33852
HIGHLIGHTS
- 16,851 SF free-standing building
- 18,700 ± Cars/Day
- Excellent frontage on U.S Hwy 27
- US 27 is a major north south corridor in Central FL
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 594 US Highway 27 | 18,044 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $327,444 CAD/YR $27,287 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 594 US Highway 27
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
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 | 18,044 SF | Gross Leasable Area | 18,044 SF |
| Property Type | Retail | Year Built | 2003 |
| Property Subtype | Freestanding | Parking Ratio | 1.94/1,000 SF |
| Total Space Available | 18,044 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 18,044 SF |
| Year Built | 2003 |
| Parking Ratio | 1.94/1,000 SF |
ABOUT THE PROPERTY
Located in Lake Placid, FL, this is a 16,851 SF free-standing building, which offers prime retail space in a highly desirable location. With modern construction and spacious accommodations, this building is well-suited for a variety of retail uses. Its strategic positioning ensures a high level of visibility and foot traffic on U.S Hwy 27, making it a sought-after asset for retailers looking to establish or expand their presence in the area.
- Freeway Visibility
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Hwy 27 Retail Space Opportunity | 594 US Highway 27
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