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Freestanding Retail/Office Building 223-225 SE 1st St
4,464 SF of Retail Space Available in Miami, FL 33131
Highlights
- Modern Mid-century finishes
- Restaurants within walking distance
- Ample of Natural Light available
- Parking Garage in front of the building
- Prominent signage visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,464 SF | Negotiable | $55.00 /SF/YR $4.58 /SF/MO $592.02 /m²/YR $49.33 /m²/MO $20,460 /MO $245,520 /YR | Triple Net (NNN) |
1st Floor
Introducing the historic Supply & Advise Building in the heart of Downtown Miami. This two-story jewel in the heart of Miami’s Central Business District offers a rare opportunity to lease a freestanding building built in 1926, located in one of the most dynamic corridors in Dade County. Once housing the celebrated retail store, Supply & Advise, the historic building recently completed a substantial remodel of the structure, which elevated the asset into an elegant emblem of Downtown Miami. A staircase and fully refurbished elevator connect both floors to provide potential users with the most efficient use of the space. The building boasts abundant natural light, expansive ceilings, and impeccably maintained finishes. Additionally, the property offers substantial foot traffic, excellent visibility, access to major parking garages, and is just steps away from major transportation arteries. The property’s attributes make it an ideal choice for those seeking to acquire their own standalone building. It would be perfectly suited for a flagship retail store or private office. For a private tour, please call us to schedule an appointment.
- Lease rate does not include utilities, property expenses or building services
- Boasts abundant natural light
- Substantial foot traffic
- Access to major parking garages
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 223-225 SE 1st St , Miami, FL 33131
| Property Type | Retail | Gross Leasable Area | 4,464 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2013 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,464 SF |
| Year Built | 2013 |
About the Property
Introducing the historic Supply & Advise Building in the heart of Downtown Miami. This two-story jewel in the heart of Miami’s Central Business District offers a rare opportunity to lease a freestanding building built in 1926, located in one of the most dynamic corridors in Dade County. Once housing the celebrated retail store, Supply & Advise, the historic building recently completed a substantial remodel of the structure, which elevated the asset into an elegant emblem of Downtown Miami. A staircase and fully refurbished elevator connect both floors to provide potential users with the most efficient use of the space. The building boasts abundant natural light, expansive ceilings, and impeccably maintained finishes. Additionally, the property offers substantial foot traffic, excellent visibility, access to major parking garages, and is just steps away from major transportation arteries. The property’s attributes make it an ideal choice for those seeking to acquire their own standalone building. It would be perfectly suited for a flagship retail store or private office. For a private tour, please call us to schedule an appointment.
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
- Air Conditioning
Nearby Major Retailers
-
Emilia Howard -
Alfredo Riascos -
Gridline Properties
Presented by
Freestanding Retail/Office Building | 223-225 SE 1st St
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