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5999 N Federal Hwy 1,500 SF of Retail Space Available in Boca Raton, FL 33487
Highlights
- heavy daytime traffic
- pylon signage
- great visibility
- newly renovated
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 1,500 SF | Negotiable | $54.82 CAD/SF/YR $4.57 CAD/SF/MO $82,225 CAD/YR $6,852 CAD/MO | Triple Net (NNN) |
5999 N Federal Hwy - 1st Floor - Ste 3
- Lease rate does not include utilities, property expenses or building services
- 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.
Select Tenants at 5999 N Federal Hwy, Boca Raton, FL 33487
- Novello Ristorante
Property Facts
| Total Space Available | 1,500 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 7,347 SF |
| Parking | 50 Spaces | Total Land Area | 0.76 AC |
| Center Properties | 1 | Year Built | 1977 |
| Total Space Available | 1,500 SF |
| Center Type | Strip Center |
| Parking | 50 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 7,347 SF |
| Total Land Area | 0.76 AC |
| Year Built | 1977 |
About the Property
Renovated in early 2018, this retail strip center is located on the north Federal Highway corridor in Boca Raton, just north of Yamato Road. The building is renovated in a post modern design, and features great frontage to both Federal Highway and Ipswich Street. The property offers 9 units with a total of 13,065 rentable square feet on a .89 acre parcel. Street level parking is abundant, and pylon signage is available. Full color logo/tenant signage is permitted. The center is home to Novello Ristorante, the longtime anchor tenant that occupies more that half the center. Other tenants include Boho Yoga and ArkiModel, a home design studio. Utilities and electric are individually metered.. All units have their own HVAC system, which each tenant is responsible for maintaining.
- Pylon Sign
Nearby Major Retailers
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5999 N Federal Hwy
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