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6204 Highway 90 3,009 SF of Retail Space Available in Milton, FL 32570
HIGHLIGHTS
- A versatile, free-standing building directly located on US-90
- Excellent visibility with high daily traffic (AADT 36,500)
- Drive-Thru with two entrances
- Directly across from WALMART and its gas station, also neighboring Taco Bell, Sonic, and Big Lots, etc.
- Large parking lot with 47 parking spaces
- Rapid Population Growth of more than 11.05 percent since the last census, and median household income of $77,187
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,009 SF | 3-5 Years | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $71,405 CAD/YR $5,950 CAD/MO | Triple Net (NNN) |
1st Floor
This versatile standalone building (3009 sq ft, expandable to 3993 sq ft) is located directly on Hwy 90 across from WALMART. With an attractive external experience, this property offers excellent visibility with heavy daily traffic, giving your business maximum exposure. Serving as the main artery of traffic to I-10 from both Milton and Pace, it boasts the annual average daily traffic of 36,500. This property is located in the commercial corridor in the City of Milton, , a city with a rapid population growth rate of 11.05% since the last census and a mean household income of $77,187. Property includes Pylon-Sign, Signage, a roofed Drive-Thru (984 sq ft), 2 Entrances/Exits, Flood Lights, large Paved Parking Lot with 48 spaces, and existing furniture. The property has two entrances, a large parking area, and a Drive-Thru. The building offers 3009 sq ft, a spacious reception area, three private offices, a meeting room, a break room, and two handicap-accessible bathrooms. The photos highlight the property well, but it truly must be seen in person to appreciate its potential fully. Leasing price is $17 sq ft + NNN. Per the Tenant’s needs and renovation plans, the owner can pay an allowance to help expand the building size to 3993 sq ft by enclosing the drive-thru (984 sq ft).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
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 | 3,009 SF | Gross Leasable Area | 3,009 SF |
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Freestanding | Parking Ratio | 15.95/1,000 SF |
| Total Space Available | 3,009 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,009 SF |
| Year Built | 2004 |
| Parking Ratio | 15.95/1,000 SF |
ABOUT THE PROPERTY
This versatile standalone building (3009 sq ft, expandable to 3993 sq ft) is located directly on Hwy 90 across from WALMART. With an attractive external experience, this property offers excellent visibility with heavy daily traffic, giving your business maximum exposure. Serving as the main route to I-10 from both Milton and Pace, it has an average daily traffic count of 36,500. Milton is a city experiencing rapid population growth of 11.05% since the last census and a median household income of $77,187. The property features signage (including a pylon sign), a 984 sq ft covered Drive-Thru, dual entry/exit points, floodlights, a large paved parking lot with 48 spaces, and existing furniture. The building offers 3009 sq ft, a spacious reception area, three private offices, a meeting room, a break room, and two handicap-accessible bathrooms. The photos highlight the property well, but it truly must be seen in person to appreciate its potential fully. Leasing price is $17 sq ft + NNN. Per the Tenant’s needs and renovation plans, the owner can pay an allowance to help expand the building size to 3993 sq ft by enclosing the drive-thru (984 sq ft).
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Accent Lighting
- Energy Performance Rating - A
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Grace Real Estate Trust Investment Inc.
6204 Highway 90
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