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1220-1222 16th St 3,632 sq ft of Retail Space Available in Miami Beach, FL 33139
HIGHLIGHTS
- Opportunity: ± 3,632 SF End Cap restaurant ready opportunity located Heart of Miami Beach
- Abundant Parking Availability: Benefit from over 350 parking spaces at 1212 Lincoln Road and an additional 290 spaces at 1100 Lincoln Road
- Affluent Demographics: Nestled in a high-density area with affluent residents, including West Avenue and Bayshore
- Strategic Prime Co-tenancy: Ideally situated directly across from the new Anatomy Flagship gym, and neighboring prominent establishments
- High Traffic Visibility: Enjoy unparalleled exposure to over 32,500 vehicles per day (VPD) traveling Southbound on Alton Road
- Tourism Hub: Located in a $1 US hotel market, generating over $26 billion annually from tourism.
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RATE
- TYPE
| Space | Size | Ceiling | Term | Rate | Type | |
| 1st Floor, Ste 1222 | 3,632 sq ft | 17 ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | Triple Net |
1st Floor, Ste 1222
• Opportunity: ± 3,632 SF End Cap restaurant ready opportunity located Heart of Miami Beach • Strategic Prime Co-tenancy: Ideally situated directly across from the new Anatomy Flagship gym, and neighboring prominent establishments such as Bodega, Wells Fargo, and TD Bank, among others • Abundant Parking Availability: Benefit from over 350 parking spaces at 1212 Lincoln Road and an additional 290 spaces at 1100 Lincoln Road, conveniently located just across the street • High Traffic Visibility: Enjoy unparalleled exposure to over 32,500 vehicles per day (VPD) traveling Southbound on Alton Road. • Affluent Demographics: Nestled in a high-density area with affluent residents, including West Avenue and Bayshore, boasting average household incomes of $110,000 and $145,000, respectively.
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as a Pub / Licensed Premise
- Highly Desirable End Cap Space
- Corner Space
- High Ceilings
- Plug & Play
- Finished Ceilings: 17 ft
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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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 | 3,632 sq ft | Net Internal Area (NIA) | 7,134 sq ft |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Shopfront | Parking Allocation | 0.42/1,000 sq ft |
| Total Space Available | 3,632 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 7,134 sq ft |
| Year Built | 1958 |
| Parking Allocation | 0.42/1,000 sq ft |
ABOUT THE PROPERTY
Since opening its doors in 2015, Bodega Taqueria y Tequila has been revered as one of the hottest Mexican restaurants in America. With locations across Florida and beyond, 1220 16th Street is the brand’s original location (bodegataqueria.com)
NEARBY MAJOR RETAILERS
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1220-1222 16th St
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