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1203 W Flagler St 1201-1223 W Flagler St
5,000 SF of Retail Space Available in Miami, FL 33135
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1021 | 5,000 SF | 1-3 Years | $56.70 CAD/SF/YR $4.72 CAD/SF/MO $610.30 CAD/m²/YR $50.86 CAD/m²/MO $23,624 CAD/MO $283,494 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 1021
5,000 SF Highly visible corner retail space available. Located directly on the corner of Flagler & 12th Street. Average daily cars on 12th Street = 20,600 per day and Flagler Street average daily cars = 11,000 per day. Space to be vacated upon the signing of a new lease. Neighboring business include: Walgreens, Sedanos, TD Bank, Truist Bank, McDonalds, Dollar Tree, Navarro, Home Depot,
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Corner unit
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 FOR 1201-1223 W Flagler St , Miami, FL 33135
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.51/1,000 SF |
| Gross Leasable Area | 29,219 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 29,219 SF |
| Year Built | 1941 |
| Parking Ratio | 0.51/1,000 SF |
About the Property
Highly visible street level retail property located within the very core of Little Havana neighborhood in Miami. The available space is the corder end cap space that comprises of 5,000 SQFT. Located directly across from the historic Walgreens site and neighboring businesses include Sedanos, McDonalds, Navarro, Dollar Tree among others. Walking distance to Miami Marlins park & Domino Park and many other historic Miami business. 1.5 Miles to Downtown Miami, 2 Miles to Brickell, 1 Mile to Interstate 95. 12th Street has a daily traffic count of 22,600 cars per day and Flagler Street has a daily traffic count of 11,000 cars per day on average.
- Signalized Intersection
Nearby Major Retailers
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Power Broker Caio Martin -
Ariel Ramirez -
Current Capital Real Estate Group
Presented by
1203 W Flagler St | 1201-1223 W Flagler St
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