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Miami Beach 2-Story Retail 226 Lincoln Rd
2,000 - 6,733 SF of Space Available in Miami Beach, FL 33139
Highlights
- Located Along High-Traffic Lincoln Road, Surrounded by Premium Retail
- Situated in a Major Retail Corridor: Ross, CVS, Raising Cane’s, and Multiple Shopping Destinations are all within Walking Distance
- Various Footprints Available: 2,000 - 6,000 SF 2-Story Building + Rooftop
- Located in Greater Miami Beach - Major Tourist Activity with High Volumes of Foot Traffic
- Property Benefits from Strong Demographics - Population of 250,00 and an Average Household Income of $95,000 in a 5-Mile Radius
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 222 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor | 4,733 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 222
- Located in-line with other retail
- Space is in Excellent Condition
- Retail Storefront
2nd Floor
- 2nd Floor + Rooftop Potential
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 226 Lincoln Rd , Miami Beach, FL 33139
| Property Type | Retail | Gross Leasable Area | 8,733 SF |
| Property Subtype | Storefront | Year Built | 1947 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,733 SF |
| Year Built | 1947 |
About the Property
Pegasus Asset Management Inc. is proud to offer a premier generational leasing opportunity located at 222-226 Lincoln Road in Miami Beach, FL (the ‘Property’). The Property boasts prime frontage in the heart of South Beach, positioned in a trophy/flagship location for retailers in the heart of South Beach, just one block west of the high-end hotel corridor on Collins Avenue and in tourist central, with raising Cane’s as the block’s newest neighbor. The pedestrian-friendly Lincoln Road District is considered one of the most prestigious retail corridors in the country, with some of the highest volumes of foot traffic welcoming roughly 11 million visitors annually. The site is surrounded by an abundance of hotels, restaurants, amenities, and numerous condominiums and high-end residential developments. The Property offers an unbeatable branding opportunity to lease retail, restaurant or office space conveniently located between Collins and Washington Avenue with an irreplaceable Lincoln Road address. There are over 8,000 hotel rooms within a five-minute walk of Lincoln Road and over 20,000 rooms servicing greater Miami Beach. Additionally, the Convention Center Hotel has been recently approved and will be another critical traffic driver for Lincoln Road. The Property’s location further benefits from strong demographics with a population of ±250,000 and an average household income of $100,000 within a 5-mile radius. The Offering is comprised of one two-story retail/office building totaling ±8,700 SF. The building has two ground floor retail spaces, Suite #222 measuring ±1,900 SF and Suite #226 measuring ±2,100 SF, both of which can be combined measuring a total of ±4,000 SF. Additionally, the building has a roughly ±4,733 SF second story plus potential for activating the rooftop that may be leased along with the ground floor or separately. The Property has favorable/flexible CD-3 zoning (Commercial High-Intensity District). Don’t miss this opportunity to plant your flag along prestigious Lincoln Road!
- 24 Hour Access
- Bus Line
- Commuter Rail
Nearby Major Retailers
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Andrew Cohen -
Emmet Pierson -
Daniel Woznica -
Josh Dembo -
Pegasus Investments
Presented by
Miami Beach 2-Story Retail | 226 Lincoln Rd
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