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Kendall Corners 12851-13091 SW 88th St

1,709 SF of Office/Medical Space Available in Miami, FL 33186

Highlights

  • 97,189 SF Shopping Center located on Kendall Drive.
  • Strong national tenant mix.
  • New Aldi Market store now open.
  • Two signalized intersections provide ease of access.
  • Located on the "going-home" side of the street.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 12821
  • 1,709 SF
  • 5 Years
  • $59.53 CAD/SF/YR $4.96 CAD/SF/MO $640.82 CAD/m²/YR $53.40 CAD/m²/MO $8,479 CAD/MO $101,743 CAD/YR
  • Triple Net (NNN)
12755-12833 SW 88th St - 1st Floor - Ste 12821
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

Currently a Chiropractor, Vacating 10/31/2024.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Physical Therapy Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 12821 1,709 SF 5 Years $59.53 CAD/SF/YR $4.96 CAD/SF/MO $640.82 CAD/m²/YR $53.40 CAD/m²/MO $8,479 CAD/MO $101,743 CAD/YR Triple Net (NNN)

12755-12833 SW 88th St - 1st Floor - Ste 12821

Size
1,709 SF
Term
5 Years
Rental Rate
$59.53 CAD/SF/YR $4.96 CAD/SF/MO $640.82 CAD/m²/YR $53.40 CAD/m²/MO $8,479 CAD/MO $101,743 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Office/Medical
Condition
Full Build-Out
Availability
Now

Currently a Chiropractor, Vacating 10/31/2024.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Physical Therapy Space
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition

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.

SELECT TENANTS AT Kendall Corners

  • Tenant
  • Description
  • US Locations
  • Reach
  • Aldi Grocery Store
  • Retailer
  • -
  • -
  • Baptist Health South Florida
  • Health Care
  • 217
  • International
  • IHOP Restaurant
  • Restaurant
  • 2,196
  • International
  • Mattress Firm
  • Furniture/Mattress
  • 4,012
  • National
  • T-Mobile
  • Wireless Communications
  • 10,277
  • International
Tenant Description US Locations Reach
Aldi Grocery Store Retailer - -
Baptist Health South Florida Health Care 217 International
IHOP Restaurant Restaurant 2,196 International
Mattress Firm Furniture/Mattress 4,012 National
T-Mobile Wireless Communications 10,277 International

PROPERTY FACTS FOR 12851-13091 SW 88th St , Miami, FL 33186

Center Type Neighborhood Center
Parking 628 Spaces
Stores 34
Center Properties 5
Frontage
290’ on 127th Ave
  • 429’ on 132nd Ave
  • 878’ on 88th St
Gross Leasable Area 138,293 SF
Total Land Area 25.93 AC
Year Built 1974
Cross Streets SW 127th Ave

About the Property

Kendall Corners is a 96,515 square foot neighborhood shopping center located on the northwest corner of S.W. 88th Street and S.W. 127th Avenue in Kendall. The surrounding market area is densely populated with over 431,000 people residing in a 5-mile radius, with an average household income of over $68,000 per year. The intersection of S.W. 88th Street and S.W. 127th Avenue boasts a traffic count over 83,000 cars per day. New Aldi Grocery Store now open. One of the most heavily trafficked Shopping Centers in the Trade Area. Targeted Uses: Beauty Supply, Dry Cleaner, Income Tax Prep, Liquor Store, Mail Service, Spa, Shoe Store.

  • Banking
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Nearby Major Retailers

BankUnited
CKO Kickboxing
ALDI
Sprouts Farmers Market
First Watch
Jazzercise
Chase Bank
Truist
Citi
Starbucks
  • Listing ID: 12237015

  • Date on Market: 2024-10-21

  • Last Updated:

  • Address: 12851-13091 SW 88th St, Miami, FL 33186

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