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Listing Number:
Description: Prime Ocean Drive retail space available for rent. Asking base rent is $70.45/SF on a NNN basis. CAM/RE Taxes are $34.63/SF. Privileged South Beach location at the Shoppes of IL Villaggio. Retail neighbors include Starbucks, Haagen-Dazs and Surf Style. Covered on-site parking included. High foot traffic location. Adjacent to the Park and in between two beach access points. Prefer retail or commercial use. The interior partitions have been demolished. The ceiling finish is intact and the flooring is polished concrete throughout. The rent includes water usage, daily garbage pickup, maintenance of the common areas, and free use of the corresponding outdoor terrace area. Tenants pay for their own electricity. Preferred lease term is 5 to 10 years with minimum base rent increases of 4% per yr.

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