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1341 NW 20th St
3,441 SF of Office/Retail Space Available in Miami, FL 33142
Highlights
- Heavy Traffic Corridor
- Value Add
- Great Visibility
- Miami Hospital District
- Well Located
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,441 SF | 2-10 Years | $50.28 CAD/SF/YR $4.19 CAD/SF/MO $172,999 CAD/YR $14,417 CAD/MO | Modified Gross |
1st Floor
Flexible uses for the space including, but not limited to Retail, Office, Medical, Flex or Professional services. T6-8-O zoning.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Office intensive layout
- Fits 9 - 28 People
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 1341 NW 20th St , Miami, FL 33142
| Property Type | Retail | Year Built | 1926 |
| Property Subtype | Freestanding | Parking Ratio | 1.74/1,000 SF |
| Gross Leasable Area | 3,441 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,441 SF |
| Year Built | 1926 |
| Parking Ratio | 1.74/1,000 SF |
About the Property
Current Capital Realty is pleased to offer 1341 NW 20th St in Miami, FL. The property is a 3,441-square-foot Stand-alone building on 20th St, Miami FL. This property is leased on an M2M basis to a local car wash tenant, with significant value-add/redevelopment potential, that offers an investor the rare opportunity to acquire a long-standing property along the NW 20th St corridor. The Property is well-located on NW 20th St Corridor on the parcel west of 12th Ave with proximity to the Miami Health District which runs from 14th St up to 20th St. Miami Health District included tenants and operators such as Jackson Memorial Hospital, The University of Miami Health System and Miami VA Medical Center.
Nearby Major Retailers
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1341 NW 20th St
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