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The Promenade Shops At 163rd 1765-1781 NE 163rd St
4,521 SF of Retail Space Available in North Miami Beach, FL 33162
Highlights
- A strategically placed strip center situated on 163rd Street.
- 1-story shopping center with 9 retail units plus 1 stand-alone.
- One of North Miami Beach’s emerging markets.
- Store mix includes national brand tenants like Casual Male DXL, Scrubs & Beyond, and Pollo Tropical.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1735-1741 | 4,521 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $126,588 /YR $10,549 /MO | Triple Net (NNN) |
1705-1741 NE 163rd St - 1st Floor - Ste 1735-1741
A strategically placed strip center situated on 163rd Street and in one of North Miami Beach’s emerging markets. 1-story shopping center with 9 retail units plus 1 stand-alone.? Store mix includes national brand tenants like Casual Male DXL, Scrubs & Beyond, and Pollo Tropical.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- 1 Available Space of +/- 4,521 SF.?
- Rate of $28 /sq ft plus $12 CAM per Ft.
- Great visibility and high-traffic road
- Consolidated commercial area with new residential
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 The Promenade Shops At 163rd
- Tenant
- Description
- US Locations
- Reach
- Cycle Gear
- Retailer
- -
- -
- Pollo Tropical
- Accommodation and Food Services
- -
- -
- Rainbow Apparel
- Ladies' Apparel
- 1,452
- National
- Saloncentric
- Health & Beauty Aids
- 844
- International
- Scrubs & Beyond
- Unisex Apparel
- 219
- National
- Visionworks Promenade Shops
- Optical
- 1,451
- National
| Tenant | Description | US Locations | Reach |
| Cycle Gear | Retailer | - | - |
| Pollo Tropical | Accommodation and Food Services | - | - |
| Rainbow Apparel | Ladies' Apparel | 1,452 | National |
| Saloncentric | Health & Beauty Aids | 844 | International |
| Scrubs & Beyond | Unisex Apparel | 219 | National |
| Visionworks Promenade Shops | Optical | 1,451 | National |
PROPERTY FACTS FOR 1765-1781 NE 163rd St , North Miami Beach, FL 33162
| Center Type | Neighborhood Center | Gross Leasable Area | 36,134 SF |
| Parking | 95 Spaces | Total Land Area | 1.90 AC |
| Stores | 12 | Year Built | 1976 |
| Center Properties | 4 | Cross Streets | N.E. 163rd St. btwn. 17th & 18th Av |
| Frontage | 187’ on 163rd |
| Center Type | Neighborhood Center |
| Parking | 95 Spaces |
| Stores | 12 |
| Center Properties | 4 |
| Frontage | 187’ on 163rd |
| Gross Leasable Area | 36,134 SF |
| Total Land Area | 1.90 AC |
| Year Built | 1976 |
| Cross Streets | N.E. 163rd St. btwn. 17th & 18th Av |
Features and Amenities
- Pylon Sign
Nearby Major Retailers
Presented by
The Promenade Shops At 163rd | 1765-1781 NE 163rd St
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