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975 NE 125th St
1,767 SF of Retail Space Available in North Miami, FL 33161
HIGHLIGHTS
- heavy car and foot traffic
- restaurant
- free standing
- Ideal for high visibility and easy access
- Major Road
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RENT
- SERVICE TYPE
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,767 SF | Negotiable | £30.85 /SF/PA £2.57 /SF/MO £54,516 /PA £4,543 /MO | Triple Net |
1st Floor
This former 2nd generation restaurant presents a unique opportunity for the right tenant, used as a restaurant for the past 20+ years. This is a free-standing building with its own private parking lot. The property has 2 hoods and 2 walk-in cooler/freezer and an OLD grease trap( needs to be updated) it offers spacious layout and a generous floor plan and existing infrastructure from its previous use as restaurant. Possibilities to add a side patio for outside dining as well. Whether you envision a new restaurant, café, retail shop, or office space, this property’s location and size make it a promising for your business. Contact us today to explore how this space can be transformed into your next successful business. This sits on a very busy road that leads to the Beach and to I-95 some local national tenants that bring you business are the planet fitness across the street, the dollar tree, subway next door, Bank America and numerous other retailers as well as City Hall and the Police Department. There are currently 1000s of apartment units being built in the immediate neighborhood. low overhead and operating costs
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space In Need of Renovation
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Freezer Space
- Yard
- Ventilation - Venting
- Near beach & I95
- 2nd generation restaurant with some Eqpt
- on site parking
- Busy Road
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 975 NE 125TH ST , NORTH MIAMI, FL 33161
| Total Space Available | 1,767 SF | Gross Internal Area | 1,767 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Restaurant | Parking Ratio | 2.83/1,000 SF |
| Total Space Available | 1,767 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 1,767 SF |
| Year Built | 1960 |
| Parking Ratio | 2.83/1,000 SF |
ABOUT THE PROPERTY
This prime freestanding 2nd generation restaurant space in North Miami offers exceptional visibility and high traffic, situated near major tenants such as Planet Fitness, Whole Food markets subway, minutes from broad causeway bridge, and proximity to the beach. The property includes 2 hoods, a built-in walk-in cooler/freezer, and a grease trap that needs updating. Located on 125th Street, a major thoroughfare connecting to the beach, Bal Harbour, Biscayne Blvd, and I-95, the site benefits from exclusive parking and is surrounded by new multifamily developments, making it a prime location for any restaurant looking to capitalize on a busy, growing area. Across the street from City Hall and a couple blocks from the police department and MOCA Arts. Owner is local and very flexible will beat any deal in the area
- Bus Route
- Commuter Rail
- Restaurant
NEARBY MAJOR RETAILERS
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975 NE 125th St
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