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The Crossroads 7200-7222 Red Rd 1,102 - 2,217 sq ft of Retail Space Available in South Miami, FL 33143
SPACE AVAILABILITY (2)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste 5712 | 1,102 sq ft | 3-5 Years | £52.14 /sq ft pa £4.34 /sq ft pcm £57,455 pa £4,788 pcm | Triple Net | ||
| 1st Floor, Ste 5718 | 1,115 sq ft | 3-5 Years | £52.14 /sq ft pa £4.34 /sq ft pcm £58,132 pa £4,844 pcm | Triple Net |
1st Floor, Ste 5712
Space Use: Space was previously used as a Nail Salon but can be utilized as any professional use.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 2,217 sq ft of adjacent space
1st Floor, Ste 5718
Space Use: Space was previously used as a HairSalon but can be utilized as any professional use.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 2,217 sq ft of adjacent space
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 | 2,217 sq ft | Year Built | 1955 |
| Property Type | Retail | Parking Allocation | 1.4/1,000 sq ft |
| Net Internal Area (NIA) | 34,901 sq ft |
| Total Space Available | 2,217 sq ft |
| Property Type | Retail |
| Net Internal Area (NIA) | 34,901 sq ft |
| Year Built | 1955 |
| Parking Allocation | 1.4/1,000 sq ft |
ABOUT THE PROPERTY
The Crossroads building is a two-story trophy, commercial building of 34,901 sq. ft. with retail on the first floor and office on the second floor. It is located at (“Main & Main”) the southwest corner of Red Road and Sunset Drive, in busy South Miami, Florida, only a couple blocks from the University of Miami. High Traffic count of over 77,000 cars daily; heavy day time foot traffic, with a walk score of 98 out of 100: Walker’s Paradise!
- Bus Route
NEARBY MAJOR RETAILERS
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The Crossroads | 7200-7222 Red Rd
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