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345 NW 24th St 1,800 SF of Retail Space Available in Miami, FL 33127
HIGHLIGHTS
- Free Standing F+B Venue
- Core Wynwood Location
- Premium Food and Entertainment Wynwood Location
- Outdoor Walled Off Private Interior Seating
- Adjacent to KYU, Dogfish Brewery, UCCI, and others
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | Negotiable | $62.00 /SF/YR $5.17 /SF/MO $667.36 /m²/YR $55.61 /m²/MO $9,300 /MO $111,600 /YR | Triple Net (NNN) |
1st Floor
DWNTWN Retail Advisors has been retained to sell or lease this free-standing building in the core of the Wynwood premium Food and Entertainment area. Surrounded by institutions and a vibrant dining and entertainment scene this free-standing building is ideally suited for a F+B venue. This building features a small interior building and a large outdoor gated and walled interior patio. This location is not a 2nd generation food and beverage venue and must be renovated to retail and food and beverage use and code standards. The total usable sq ft in the venue is 4,875 with 1,808 interior and 3,067 private gated and walled-in exterior. The ideal tenant is a qualified and experienced restaurant operator.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Free Standing F+B Venue
- Outdoor Walled Off Private Interior Seating
- Core Wynwood Location
- Adjacent to KYU, Dogfish Brewery, UCCI, and others
- Premium Food and Entertainment Wynwood Location
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 broker 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
| Total Space Available | 1,800 SF | Gross Leasable Area | 1,800 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Restaurant |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,800 SF |
| Year Built | 1949 |
ABOUT THE PROPERTY
This building features a small interior building and a large outdoor gated and walled interior patio. This location is not a 2nd generation food and beverage venue and must be renovated to retail and food and beverage use and code standards. The total usable sq ft in the venue is 4,875 with 1808 interior and 3067 private gated and walled-in exterior.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Northwest 2nd Avenue | NW 24th St, N | 7,869 | 2022 | 0.13 mi |
| NW 6th Ave | NW 28th St, SE | 250,787 | 2020 | 0.34 mi |
| I 4 | NW 28th St, SE | 246,000 | 2020 | 0.34 mi |
| Northwest 20th Street | NW 1st Pl, W | 16,083 | 2022 | 0.38 mi |
| NW 20th St | NW 1st Pl, W | 13,454 | 2022 | 0.38 mi |
| North Miami Avenue | NE 26th St, S | 15,966 | 2022 | 0.40 mi |
| NW 29th St | I- 95, E | 11,843 | 2022 | 0.40 mi |
| Northwest 7th Avenue | NW 28th St, S | 21,869 | 2022 | 0.41 mi |
| NW 1st Pl | NW 19th St, S | 1,432 | 2022 | 0.44 mi |
| NW 7th Ave | NW 21st St, S | 21,916 | 2022 | 0.45 mi |
NEARBY MAJOR RETAILERS
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