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Prime Wynwood Retail Space 2401 NW 5th Ave

3,750 SF of Retail Space Available in Miami, FL 33127

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,750 SF
  • 12’ - 14’
  • Negotiable
  • $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $12,500 /MO $150,000 /YR
  • Triple Net (NNN)
Space Use
Retail
Availability
Now

Prime retail space available for lease in Wynwood, located on the 5th Avenue corridor.? The property is located in a hot-spot between 24th street and 25th street.? Popular restaurants and businesses surround the property, contributing to high foot traffic.? The property has been recently renovated and is currently a sneaker store.? Size: +/- 3,750 SF Allowed Uses: Retail, Showroom, Office, Gallery, Etc.? Parking: 33 on-site spots, Street (Pay-by-Phone) Zoning: T5-O (NRD-1) Asking Rate: $40/SF/YR + NNN expenses ($10.87 estimated) Asking Rate: $12,500/mo + $1,743/mo est.? taxes + $356/mo est.? insurance + $1,300/mo est.? utilities

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Finished Ceilings: 12’ - 14’
  • High ceilings (12-14ft)
  • Parking on-site
  • Signage opportunity in high traffic area
  • Double street frontage, door and window
  • Easy access to I-95
  • Flexible zoning
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 3,750 SF 12’ - 14’ Negotiable $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $12,500 /MO $150,000 /YR Triple Net (NNN)

1st Floor

Size
3,750 SF
Ceiling
12’ - 14’
Term
Negotiable
Rental Rate
$40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $12,500 /MO $150,000 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

Prime retail space available for lease in Wynwood, located on the 5th Avenue corridor.? The property is located in a hot-spot between 24th street and 25th street.? Popular restaurants and businesses surround the property, contributing to high foot traffic.? The property has been recently renovated and is currently a sneaker store.? Size: +/- 3,750 SF Allowed Uses: Retail, Showroom, Office, Gallery, Etc.? Parking: 33 on-site spots, Street (Pay-by-Phone) Zoning: T5-O (NRD-1) Asking Rate: $40/SF/YR + NNN expenses ($10.87 estimated) Asking Rate: $12,500/mo + $1,743/mo est.? taxes + $356/mo est.? insurance + $1,300/mo est.? utilities

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Finished Ceilings: 12’ - 14’
  • High ceilings (12-14ft)
  • Parking on-site
  • Signage opportunity in high traffic area
  • Double street frontage, door and window
  • Easy access to I-95
  • Flexible zoning

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 2401 NW 5th Ave , Miami, FL 33127

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 29,012 SF
Year Built 1980
Parking Ratio 1.14/1,000 SF

About the Property

Prime retail space available for lease in Wynwood, located on the 5th Avenue corridor. The property is located in a hot-spot between 24th street and 25th street. Popular restaurants and businesses surround the property, contributing to high foot traffic. The property has been recently renovated.

Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bartaco
Bank OZK
Regions Bank
Velvet Taco
freshii
Starbucks
Winn-Dixie
First Horizon Bank
Applebee's
Chase
  • Listing ID: 32323209

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 2401 NW 5th Ave, Miami, FL 33127

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