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701 Lincoln Road 701 Lincoln Rd
8,000 - 37,076 SF of 4-Star Space Available in Miami Beach, FL 33139
Highlights
- Fully restored historic structure, Former 1940's Sacks Fifth Avenue location
- City center location - close to Miami Beach Convention Center and New World Symphony Soundscape Park
- Spaces may be expanded to +/- 40,000 SF
- Vertical transportation in place: two-way escalators connecting all three floors, a central elevator and a grand stairway connecting the 2nd to the 3r
- Valet Dropoff with direct access to Restaurant
- Dramatic Restaurant Opportunity featuring +/- 24' ceilings
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 8,000-10,555 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
2nd Floor | 14,975 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
3rd Floor | 11,546 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
Flagship Restaurant Breakdown: Ground floor +/- 7,645 SF. Retail Space Breakdown: +/- 5,363 SF on ground floor, may be combined with second floor retail +/- 2,818SF
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 37,076 SF of adjacent space
- Dramatic double height space with +/- 24' ceilings
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 37,076 SF of adjacent space
- Spaces can be combined
- Dramatic double height space with +/- 24' ceilings
3rd Floor
± 40,204 SF on three floors. Currently offering 9,000 SF up to 40,204 SF configurations to be determined
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 29 - 93 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 37,076 SF of adjacent space
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.
SELECT TENANTS AT 701 Lincoln Road
- Tenant
- Description
- US Locations
- Reach
- Forever 21
- Unisex Apparel
- 522
- International
Tenant | Description | US Locations | Reach |
Forever 21 | Unisex Apparel | 522 | International |
PROPERTY FACTS FOR 701 Lincoln Rd , Miami Beach, FL 33139
Min. Divisible | 8,000 SF | Gross Leasable Area | 41,496 SF |
Property Type | Retail | Year Built | 1939 |
Property Subtype | Storefront Retail/Office |
Min. Divisible | 8,000 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 41,496 SF |
Year Built | 1939 |
About the Property
± 40,000 SF Flagship Building Available in the Heart of Miami Beach's Famed Lincoln Road. Adjacent to public parking garage of +/- 1700 parking spaces. Original home to Saks Fifth Avenue. Located adjacent to Euclid Circle ( Town Center). City center location- close to Miami Beach and New World Symphony New and existing tenants on the Road include: Nike, Showfields, Lululemon, Apple Store, Sephora and Cheesecake Factory. ± 12,550 SF unique F&B space + tremendous outdoor dining opportunity on Lincoln Rd. Valet drop-off with private entry along Lincoln Lane. Dramatic double height space at entrance along Lincoln Rd. Located at the heart of Lincoln Rd at Meridian & Euclid avenues. Adjacent to multiple city parking garages with over 2,000 spaces. Steps from the Miami Beach convention center and the new 800-room convention center hotel opening in 2026.
Nearby Major Retailers
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701 Lincoln Road | 701 Lincoln Rd
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