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Overseas Market 2778 N Roosevelt Blvd
1,400 SF of Retail Space Available in Key West, FL 33040
Highlights
- Ample parking available.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 2726 | 1,400 SF | 1-10 Years | $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $4,667 /MO $56,000 /YR | Triple Net (NNN) |
2710-2814 N Roosevelt Blvd - 1st Floor - Ste 2726
Retail Space available in one of Key West's three major power centers. Build out nearly complete. Overseas Market boasts one of the most desirable tenant bases on the island with Winn-Dixie, Mattress Firm, Denny's, Ross, CVS Drugstores, GNC, Goldman's Deli, BodyZone, AutoZone, Five Guys, Dominos and more... There is ample parking & traffic light entry into the shopping center. In addition to the 1400sq.ft. is a 400sq.ft. mezzanine. Monthly rent quoted is Base Rent Only, in addition are triple net charges and sales tax.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 2778 N Roosevelt Blvd , Key West, FL 33040
Center Type | Theme Festival Center | Gross Leasable Area | 176,330 SF |
Stores | 32 | Total Land Area | 4.10 AC |
Center Properties | 2 | Year Built | 1992 |
Center Type | Theme Festival Center |
Stores | 32 |
Center Properties | 2 |
Gross Leasable Area | 176,330 SF |
Total Land Area | 4.10 AC |
Year Built | 1992 |
About the Property
The youngest of three major power centers on the island of Key West, Overseas Market. Built in 1993 and given a complete façade and common area face lift in 2016, it is one of the busiest shopping centers on the island of Key West. Home to one of the highest grossing Winn Dixie's in the nation, which is underwent a $4 million renovation of their grocery store in 2015. The property is above flood level. In addition to Winn Dixie, the center is home to Ross, Mattress Firm, Domino's Pizza, CVS, Five Guys Burgers & Fries, Denny's and one of the largest gyms in Key West. The center delivers ample parking and traffic light entry with an average daily traffic count exceeding 35,000 cars per day. Overseas Market Key West Florida, Highway
Nearby Major Retailers
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Overseas Market | 2778 N Roosevelt Blvd
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