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Monarch Town Center NWC Flamingo Rd And Miramar Pky 3,100 SF of Retail Space Available in Miramar, FL 33027
HIGHLIGHTS
- AADT Miramar Parkway 52,500 cars per day
- Excellent access and visibility
- AADT Flamingo Road 23,000 cars perday
- Junior anchor, outparcel, restaurant, and in-line availability
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,100 SF | 10 Years | $50.00 /SF/YR $4.17 /SF/MO $538.20 /m²/YR $44.85 /m²/MO $12,917 /MO $155,000 /YR | Triple Net (NNN) |
12601 Miramar Pky - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
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.
SITE PLAN
SELECT TENANTS AT MONARCH TOWN CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burgerfi
- Restaurant
- 71
- National
- Chipotle Mexican Grill
- Accommodation and Food Services
- -
- -
- European Wax Center
- Retailer
- -
- -
- Five Below
- Retailer
- -
- -
- For Eyes Optical
- Retailer
- -
- -
- Publix
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burgerfi | Restaurant | 71 | National |
| Chipotle Mexican Grill | Accommodation and Food Services | - | - |
| European Wax Center | Retailer | - | - |
| Five Below | Retailer | - | - |
| For Eyes Optical | Retailer | - | - |
| Publix | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 3,100 SF | Center Properties | 4 |
| Center Type | Community Center | Gross Leasable Area | 184,050 SF |
| Parking | 400 Spaces | Total Land Area | 24.34 AC |
| Stores | 2 | Year Built | 2020 |
| Total Space Available | 3,100 SF |
| Center Type | Community Center |
| Parking | 400 Spaces |
| Stores | 2 |
| Center Properties | 4 |
| Gross Leasable Area | 184,050 SF |
| Total Land Area | 24.34 AC |
| Year Built | 2020 |
ABOUT THE PROPERTY
– New Publix-anchored retail center – Junior anchor, outparcel, restaurant, and in-line availability – AADT Miramar Parkway 52,500 cars per day/23,000 Flamingo Road – Located in Miramar boasting highest average residential rents in Florida – NWC of Miramar Parkway and Flamingo Road with excellent access and visibility
NEARBY MAJOR RETAILERS
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Monarch Town Center | NWC Flamingo Rd And Miramar Pky
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