|
|
Lincoln Road High Street Retail 901-927 Lincoln Rd 2,500 - 16,500 SF of Retail Space Available in Miami Beach, FL 33139
HIGHLIGHTS
- Located on the World-Famous Lincoln Road, Miami’s Busiest Shopping Destination with 10 Million Annual Visitors
- Frontage Opportunity On Lincoln Road’s Best Corner, Between Jefferson & Michigan Avenue
- Next Door Tenants include Apple, Nike, All Saints, Zara, H&M, Swarovski, Zadig & Voltaire and many more
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 11,000 SF | 1-10 Years | $220.00 /SF/YR $18.33 /SF/MO $2,368 /m²/YR $197.34 /m²/MO $201,667 /MO $2,420,000 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 2 | 3,000 SF | 1-10 Years | $185.00 /SF/YR $15.42 /SF/MO $1,991 /m²/YR $165.94 /m²/MO $46,250 /MO $555,000 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 3 | 2,500 SF | 1-10 Years | $185.00 /SF/YR $15.42 /SF/MO $1,991 /m²/YR $165.94 /m²/MO $38,542 /MO $462,500 /YR | Triple Net (NNN) |
1st Floor, Ste 1
The 11,000 SF space is currently occupied by Victoria Secret will be available in April 2025. The corner location has a frontage of 75 feet on Lincoln Road and 145 feet on Jefferson Ave.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
2nd Floor, Ste 2
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
2nd Floor, Ste 3
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail 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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 16,500 SF | Gross Leasable Area | 44,979 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Storefront | Parking Ratio | 0.36/1,000 SF |
| Total Space Available | 16,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 44,979 SF |
| Year Built | 1928 |
| Parking Ratio | 0.36/1,000 SF |
ABOUT THE PROPERTY
DWNTWN Realty Advisors has been retained exclusively to arrange the leasing of 901-927 Lincoln Road located in Miami Beach, FL. Lincoln Road is Miami Beach’s most desirable retail destination with other national tenants including Apple, Nike, All Saints, Zara, H&M, Swarovski, Zadig & Voltaire and many more. It is also within walking distance of the Miami Beach Convention Center, the Filmore Miami Beach as well as the New World Symphony and Soundscape Park. The 11,000 SF space is currently occupied by Victoria Secret will be available in April 2025. The corner location has a frontage of 75 feet on Lincoln Road and 145 feet on Jefferson Ave. This creates an elevated presence for both pedestrian and vehicular traffic. Additionally, two units of 2,500 SF and 3,000 SF are also available on the west side, both fronting Lincoln Road. Lincoln Road has a 97/100 Walk Score and over 10 million visitors annually.
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 17th Street | Meridian Ave, E | 17,805 | 2022 | 0.12 mi |
| 16th Street | Meridian Ave, W | 4,937 | 2022 | 0.16 mi |
| Alton Rd | Lincoln Rd, S | 33,596 | 2022 | 0.21 mi |
| 15th Street | 15th St | 7,145 | 2022 | 0.24 mi |
| Meridian Avenue | 14th St, N | 8,385 | 2022 | 0.40 mi |
| Pennsylvania Avenue | 13th St, S | 3,259 | 2022 | 0.49 mi |
| Alton Road | 13th St, N | 27,500 | 2020 | 0.52 mi |
| Alton Rd | 13th St, N | 30,514 | 2022 | 0.52 mi |
| Alton Road | 13th St, NE | 34,634 | 2022 | 0.52 mi |
| Alton Rd | W 21st St, N | 44,103 | 2022 | 0.52 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
2J9A2736HDR copy
2J9A2721HDR copy
2J9A2716HDR copy
Screenshot 2024-06-06 at 4.05.05?PM
Screenshot 2024-06-06 at 4.04.55?PM
Screenshot 2024-06-06 at 4.04.44?PM
Screenshot 2024-06-06 at 4.04.35?PM