Prime Corner Restaurant Space
For Lease
Contact for pricing
940 71st St, Miami Beach, FL 33141
Corner restaurant space in Miami Beach with high foot traffic.
Space SizeContact for details
Property Size4,200 SF
Days on Market2308
Property Features for 940 71st St
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Restaurant
Lease Type
NNN
Building Details
Building Size
4,200 SF
Tenancy
Multiple
Spaces For Lease
at 940 71st St Contact us- Type
- Restaurant
- Lease Type
- NNN
- Availability
- Active
Retail
Listing Agency:
Realty Hub
(786) 703-1731
Listed By:
Alan Waserstein · License #0438224
Source:
Crexi
Added: May 5, 2020
Changed: Aug 27
Last Checked: Aug 29 at 5:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Hub
Investment Insights
Based on property information with market context.
This corner second-generation restaurant space offers significant exposure on 71st Street in Miami Beach. The space includes a large dine-in area with the potential for outdoor seating. Currently in raw condition, it allows for customized build-out. Situated in the center of North Beach, Miami Beach, the location benefits from high foot traffic and proximity to restaurants, retail establishments, and neighborhood services. Located in the Normandy Isles neighborhood, the area blends modern construction with established tourist attractions. Collins Avenue, the beach, and Biscayne Bay are all within a short drive. The neighborhood offers excellent visibility for businesses, is pedestrian-friendly, and is experiencing growth. The space can also be adapted for retail or office use and has the potential to be split. It could be used for any retail or office use.
Key Highlights
- Prime corner location on busy 71st Street in Miami Beach offering high visibility and exposure.
- Flexible raw space ready for customization as a restaurant, retail, or office.
- Outdoor seating availability enhances dining potential**.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,084
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Lease Benchmarks for Miami Beach, FL
$41.63 /SF/Yr
Avg Asking Price
$5.13–$65 /SF/Yr
Price Range
5,987 SF
Avg Space Size
This space is priced 16% below the average of $41.63 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Corner restaurant space in Miami Beach with high foot traffic.
Where is this restaurant located?
The property is located at 940 71st St Miami Beach, FL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime corner location on busy 71st Street in Miami Beach offering **high visibility and exposure**.; Flexible raw space ready for customization as a restaurant, retail, or office.; Outdoor seating availability enhances dining potential**.
