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604 Lake Avenue
7,064 SF of Retail Space Available in Lake Worth Beach, FL 33460
Highlights
- Operationally Ready for High Season!
- Walk in Refrigerator and Walk in Freezer, All Equipment Included
- Two Indoor/Outdoor Bars
- Attached Parking Lot for Employees, Guests, and Deliveries Included
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 7,064 SF | 5 Years | £17.61 /SF/PA £1.47 /SF/MO £189.55 /m²/PA £15.80 /m²/MO £124,392 /PA £10,366 /MO | Triple Net |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- 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 agent 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 FOR 604 Lake Avenue , Lake Worth Beach, FL 33460
| Property Type | Retail | Year Built/Renovated | 1999/2022 |
| Property Subtype | Restaurant | Parking Ratio | 5.66/1,000 SF |
| Gross Internal Area | 7,064 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 7,064 SF |
| Year Built/Renovated | 1999/2022 |
| Parking Ratio | 5.66/1,000 SF |
About the Property
Completely renovated turn-key restaurant in premiere location! This 7,000sf restaurant boasts two bars with expansive patio seating areas, new kitchen equipment, walk in refrigerator and freezer, ADA compliant, all impact windows and doors, plus many other features. In the heart of downtown Lake Worth Beach/Palm Beach, this site offers high visibility and foot traffic. The restaurant and building are vacant and operationally ready for restaurateurs to make their mark in the area. Close to the Four Seasons and Eau Palm Resort. Also, there is a 40+ car parking lot at 601 Lucerne Avenue adjacent to the restaurant for the exclusive use of restaurant tenant. Included in the price! Downtown Lake Worth Beach offers an eclectic mix of dining options, theaters, museums, and nightlife. The area is surrounded with historic charm, a thriving artistic scene, as well as numerous eateries for both locals and beachgoers alike.
- Courtyard
- Restaurant
- Security System
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
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Svetlana Kislin - Charles Rutenberg Realty
Presented by
Charles Rutenberg Realty
604 Lake Avenue
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