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Martin Downs Town Center Martin Downs Blvd
4,097 SF of Retail Space Available in Palm City, FL 34991
Highlights
- High Ceilings and lots of glass to let in natural light.
- Covered Double Drive Through and an ATM lane.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,097 SF | Negotiable | £32.90 /SF/PA £2.74 /SF/MO £354.12 /m²/PA £29.51 /m²/MO £134,786 /PA £11,232 /MO | Triple Net |
2846 SW Town Center Way - 1st Floor
• 4,097 RSF of Building • Built in 2006 • High Ceilings and lots of glass to let in natural light. • Covered Double Drive Through and an ATM lane. • High Traffic Area and specifically on the interior drive between Publix and Martin Downs Town Center where retailers like DD, Panera Bread, Three Natives, BB&T, Spiro’s Olympic Taverna, Massage Envy, and GNC are situated. • Although this was a popular bank branch, this building is ideal for multiple uses, and could be converted easily. • Strong income demographics in Palm City, FL with an Average Household Income of $106,992 within a 3 mile radius. A large percentage of families with local retail needs.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
- Central Air Conditioning
- Double Drive Through and ATM lane
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.
SELECT TENANTS AT Martin Downs Town Center
- Tenant
- Description
- US Locations
- Reach
- Dunkin'
- Donut Shop
- 13,014
- International
- Massage Envy
- Massage
- 1,505
- International
- Panera Bread
- Bakery
- 3,065
- International
| Tenant | Description | US Locations | Reach |
| Dunkin' | Donut Shop | 13,014 | International |
| Massage Envy | Massage | 1,505 | International |
| Panera Bread | Bakery | 3,065 | International |
PROPERTY FACTS FOR Martin Downs Blvd , Palm City, FL 34991
| Centre Type | Neighborhood Center | Total Land Area | 12.87 AC |
| Parking | 128 Spaces | Year Built | 2005 |
| Centre Properties | 3 | Cross Streets | High Meadows Avenue |
| Gross Leasable Area | 25,796 SF |
| Centre Type | Neighborhood Center |
| Parking | 128 Spaces |
| Centre Properties | 3 |
| Gross Leasable Area | 25,796 SF |
| Total Land Area | 12.87 AC |
| Year Built | 2005 |
| Cross Streets | High Meadows Avenue |
About the Property
Upscale, Key West style retail center in the heart of Palm City. Located at the busiest intersection of Martin Downs Blvd. & High Meadow Avenue. Retail Center anchored by Publix and CVS Pharmacy. Join Panera Bread, SunTrust Bank, Edward Jones and Dunkin' Donuts, BB&T, Olympic Tavarna, GNC and Hokaido Japenese restaurant Corner of Martin Downs Blvd and SW High Meadows in Palm City, FL
- Air Conditioning
Nearby Major Retailers
Presented by
Martin Downs Town Center | Martin Downs Blvd
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