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Retail & Office at the AC Element Hotel 115 SW 8th St
1,886 - 9,620 SF of 4-Star Space Available in Miami, FL 33130
Highlights
- Great parking ratio of 2-3/1,000 SF
- Grease Traps in Place
- Facing the Underline Park and within walking distance of the new Brickell City Centre Mall.
- 21'-22' ceiling heights
- Tenant Improvement Allowance Available
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,886 SF | 20’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 4 | 2,723 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 2nd Floor, Ste 1 | 5,011 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 20’
1st Floor, Ste 4
Recently built out restaurant space featuring full kitchen with updated grease trap. Tenant is still operating so please do not speak to employees.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- High End Trophy Space
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Ventilation - Venting
2nd Floor, Ste 1
New retail/office opportunity in the heart of Brickell. Parallel to the upcoming Underline linear urban park which is similar to the Highline Park in New York.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 13 - 41 People
- Space is in Excellent Condition
- Highly Desirable End Cap Space
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 115 SW 8th St , Miami, FL 33130
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Retail | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 22,539 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 22,539 SF |
| Year Built | 2021 |
| Parking Ratio | 2/1,000 SF |
About the Property
This street-level retail space and second floor office/retail is part of the brand new AC by Marriott and Element by Westin dual branded hotel. The Spaces offer tremendous visibility on SW 8 ST, SW 7 ST, and SW 1 AVE. The listing is directly adjacent to the new Underline linear urban park, which is similar to the Highline Park in New York City. Brickell boasts the title of being the financial district of Miami and South Florida, with some of the largest corporations in Florida located within this 1.1 Square Mile area. The area is one of the true live-work-play communities with its Class A residential apartments and condos, Class A office fabric, and a vibrant retail and restaurant scene. This location is within walking distance to Brickell City Centre, Blackbird, American Social, and many other Brickell favorites.
- 24 Hour Access
- Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
-
Power Broker Zach Winkler -
Carter Nash -
Jones Lang LaSalle
Presented by
Retail & Office at the AC Element Hotel | 115 SW 8th St
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