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167th Street Shopping Center 705-761 NE 167th St 650 - 2,690 SF of Retail Space Available in Miami, FL 33162
HIGHLIGHTS
- Prime and very busy Aldi Anchored Retail Plaza located on 167th ST, also known as 826 Expressway.
- There is plenty of parking in front of the shopping center which is RARE on 167th St.
- Join the vast tenant mix including: ALDI Grocery, Rent-a-Center, Carvel Ice Cream, Advance America, Jerusalem's Pizza, Community Medical Group,
- Heavy daytime and nightime walking traffic due to ALDI.
- The plaza is shadow anchored by Walgreens.
- The 826 expressway takes your from Collins Avenue (the Beach) all the way to the Golden Glades Interchange - where the I-95, Florida Turnpike, 441 and
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,040 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor | 650 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
705-761 NE 167th St - 1st Floor
- Located in-line with other retail
705-761 NE 167th St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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 167TH STREET SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- ALDI
- Discount Grocer
- 3,051
- International
- Carvel
- Ice Cream
- 544
- National
- Clover Cleaners
- Laundry
- 1
- Local
- Community Medical Group
- MD/DDS
- 20
- Local
- Jerusalem Pizza
- Restaurant
- -
- Local
- Rent-A-Center
- Rental Shop
- 3,245
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| ALDI | Discount Grocer | 3,051 | International |
| Carvel | Ice Cream | 544 | National |
| Clover Cleaners | Laundry | 1 | Local |
| Community Medical Group | MD/DDS | 20 | Local |
| Jerusalem Pizza | Restaurant | - | Local |
| Rent-A-Center | Rental Shop | 3,245 | International |
PROPERTY FACTS
| Total Space Available | 2,690 SF | Frontage | 642’ on NE 167th St |
| Center Type | Neighborhood Center | Gross Leasable Area | 61,227 SF |
| Parking | 271 Spaces | Total Land Area | 4.19 AC |
| Center Properties | 2 | Year Built | 1956 |
| Total Space Available | 2,690 SF |
| Center Type | Neighborhood Center |
| Parking | 271 Spaces |
| Center Properties | 2 |
| Frontage | 642’ on NE 167th St |
| Gross Leasable Area | 61,227 SF |
| Total Land Area | 4.19 AC |
| Year Built | 1956 |
ABOUT THE PROPERTY
Prime and very busy Aldi Anchored Retail Plaza located on 167th ST, also known as 826 Expressway. Excellent Street Visibility and high traffic thoroughfare. Heavy daytime and nightime walking traffic due to ALDI. The 826 expressway takes your from Collins Avenue (the Beach) all the way to the Golden Glades Interchange - where the I-95, Florida Turnpike, 441 and 826 all meet. Join the vast tenant mix including: ALDI Grocery, Optimum Bank, Rent-a-Center, Carvel Ice Cream, Advance America, Jerusalem's Pizza, Community Medical Group, and more! There is plenty of parking in front of the shopping center which is RARE on 167th St. The plaza is shadow anchored by Walgreens.
- Dedicated Turn Lane
- Pylon Sign
NEARBY MAJOR RETAILERS
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167th Street Shopping Center | 705-761 NE 167th St
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