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Via Roma 329 Worth Ave
525 SF of Retail Space Available in Palm Beach, FL 33480
Highlights
- Great visibility on Worth Ave.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 525 SF | Negotiable | $154.00 /SF/YR $12.83 /SF/MO $1,658 /m²/YR $138.14 /m²/MO $6,738 /MO $80,850 /YR | Triple Net (NNN) |
1st Floor
Here is a rare opportunity to lease a luxury retail space on Worth Avenue, one of the premier streets in North America. The space is already approved for food use, its completely turnkey and we are seeking a cafe, coffee or juice bar. It shares the corridor with Raptis Rare Books, one of the largest antiquarian book sellers in the world. Major retail within walking distance are Channel, Tiffany's, Ralph Lauren, Gucci, Graff, Versace, Sax 5th Ave, Salvador Ferragamo, Van Cleef and Arpels, and 55 Croissette.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
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 329 Worth Ave , Palm Beach, FL 33480
| Property Type | Retail | Gross Leasable Area | 4,146 SF |
| Property Subtype | Storefront | Year Built | 1986 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,146 SF |
| Year Built | 1986 |
About the Property
Here is a rare opportunity to lease a luxury cafe space on Worth Avenue, one of the premier streets in North America. The space is already approved for food use, its completely turnkey and we are seeking a cafe, coffee or juice bar. It shares the corridor with Raptis Rare Books, one of the largest antiquarian book sellers in the world. Major retail within walking distance are Channel, Tiffany's, Ralph Lauren, Gucci, Graff, Versace, Sax 5th Ave, Salvador Ferragamo, Van Cleef and Arpels, and 55 Croissette.
- Air Conditioning
Nearby Major Retailers
-
Joshua Shapiro - Josh Shapiro
Presented by
Josh Shapiro
Via Roma | 329 Worth Ave
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