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Central Miami Commissary Kitchen 643 NW 20th St 1,560 SF of Retail Space Available in Miami, FL 33127
HIGHLIGHTS
- Turnkey Commissary Kitchen
- 1,560 SF Freestanding Building On 6,225 SF Lot
- Fully equipped and entitled
- Restaurant permitted with outdoor seating
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,560 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
Lease Rate/Month: Space 1: $12,000 Space 2: $9,000 Space 3: $9,000
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café 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 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 | 1,560 SF | Gross Leasable Area | 1,560 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Freestanding | Parking Ratio | 4.49/1,000 SF |
| Total Space Available | 1,560 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,560 SF |
| Year Built | 1968 |
| Parking Ratio | 4.49/1,000 SF |
ABOUT THE PROPERTY
DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 643 NW 20th St, Miami, FL 33127. This turnkey commissary kitchen offers a fully equipped and entitled 1,560 SF freestanding building on a 6,225 SF lot, providing a seamless transition for restaurant operators or investors. Strategically located along I-95, the property boasts exceptional visibility and exposure, drawing traffic from Wynwood, the Health District, and Downtown Miami. Permitted for restaurant use with outdoor seating, the property’s prime corner location and proximity to major institutions enhance its appeal. With ample parking and a position in the rapidly evolving Allapattah submarket, 643 NW 20th St represents a rare opportunity for investors seeking a high-demand asset in one of Miami’s most dynamic neighborhoods.
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| NW 6th Pl | NW 20th St | 13,402 | 2022 | 0.02 mi |
| NW 7th Ave | NW 21st St, S | 21,916 | 2022 | 0.09 mi |
| NW 20th St | NW 7th Ave, E | 15,268 | 2022 | 0.13 mi |
| Northwest 20th Street | NW 7th Ave, E | 15,826 | 2022 | 0.14 mi |
| NW 5th Pl | NW 19th St, E | 15,110 | 2020 | 0.16 mi |
| NW 7th Ave | NW 18th Ter, S | 20,727 | 2022 | 0.16 mi |
| I- 95 | NW 17th St, SE | 30,579 | 2022 | 0.25 mi |
| NW 17th St | NW 7th Ave, W | 3,492 | 2022 | 0.27 mi |
| Northwest 17th Street | NW 5th Ave, E | 2,709 | 2022 | 0.30 mi |
| I- 395 | I- 95, S | 21,976 | 2022 | 0.39 mi |
NEARBY MAJOR RETAILERS
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