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400 Duval Retail Block 423 Duval St

2,500 SF of Retail Space Available in Key West, FL 33040

Highlights

  • one of the heaviest foot traffic blocks in Key West

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste C
  • 2,500 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Availability
30 Days

Unit B,C,D currently combined and can be easily divided 423-C Duval $16,000 per month plus Triple net charges and sales tax

  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste C 2,500 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor, Ste C

Size
2,500 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Availability
30 Days

Unit B,C,D currently combined and can be easily divided 423-C Duval $16,000 per month plus Triple net charges and sales tax

  • Located in-line with other retail
  • Space is in Excellent Condition

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 423 Duval St , Key West, FL 33040

Property Type Retail
Property Subtype
Storefront Retail/Office
  • Retail Building
Gross Leasable Area 6,300 SF
Year Built 1953

About the Property

Location Location! Excellent Opportunity to join the thriving & attractive business environment the 400 Duval block has to offer directly across the street from the La Concha Hotel, Starbucks, Salt Life, Sandal Factory, Artisans, River Street Sweets, Peter Lik Gallery, next door to Mattheessens, Quiet Storm, steps away from the San Carlos Institute, Casa Cuba and Key West Film Society, Storefront with large display windows and approximately ~1500sq.ft & ~1650sq.ft. of retail spaces. 423 Duval has 4 commercial units that could possibly be combined for one large retailer with approximately ~6300sf total. Rent quoted is base only, triple net charges & sales tax apply.

Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (91)
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

Margaritaville
IGA
Hard Rock Cafe
Fat Tuesday
First Horizon Bank
Centennial Bank
  • Listing ID: 21915924

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: 423 Duval St, Key West, FL 33040

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