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820 Ocean Dr 8,759 SF of Retail Space Available in Miami Beach, FL 33139
Highlights
- ± 4,697 SF ground floor with covered outdoor patio directly fronting Ocean Drive
- ± 50 feet of Ocean Drive frontage with consistent pedestrian exposure
- Layout supports lunch, dinner, late-night, and event-driven programming
- Existing second-generation restaurant infrastructure reduces build-out time and cost
- ± 4,062 SF second floor ideal for private dining, events, offices, or back-of-house support
- Competitive Ocean Drive rental structure. Details available upon request
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,759 SF | Negotiable | $205.32 CAD/SF/YR $17.11 CAD/SF/MO $1,798,385 CAD/YR $149,865 CAD/MO | Triple Net (NNN) |
1st Floor
Ideal for: » Full-service restaurant concepts » Hospitality-driven brands » Operators focused on private dining and event revenue » Experienced groups seeking a flagship Ocean Drive location
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Covered outdoor patio directly fronting Ocean Dr
- Existing Restaurant Infrastucture
- 50' of Ocean Drive Frontage
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 820 Ocean Dr, Miami Beach, FL 33139
- Tenant
- Description
- US Locations
- Reach
- GCSUS Florida LLC
- Accommodation and Food Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| GCSUS Florida LLC | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 8,759 SF | Gross Leasable Area | 15,585 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Restaurant |
| Total Space Available | 8,759 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,585 SF |
| Year Built | 1930 |
About the Property
820 Ocean Drive presents a unique second-generation restaurant opportunity along one of the most recognized hospitality corridors in the world. The space features an existing restaurant build-out, covered outdoor seating fronting Ocean Drive, and a two-level layout that supports high-volume service, private dining, and events.
- Restaurant
- Waterfront
Nearby Major Retailers
Presented by
820 Ocean Dr
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