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132-158 NW 20th St 1,000 SF of Retail Space Available in Boca Raton, FL 33432
Highlights
- High Visibility & Traffic: Situated on NW 20th Street, a major east-west thoroughfare with significant daily car counts and high pedestrian activity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $1,250 /MO $15,000 /YR | Triple Net (NNN) |
130-158 NW 20th St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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 132-158 NW 20th St, Boca Raton, FL 33432
- Tenant
- Description
- US Locations
- Reach
- Nakava
- Other Services
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Nakava | Other Services | 1 | Local |
Property Facts
| Total Space Available | 1,000 SF | Frontage | 317’ on NW 20th St |
| Center Type | Strip Center | Gross Leasable Area | 10,260 SF |
| Parking | 75 Spaces | Total Land Area | 2.29 AC |
| Center Properties | 1 | Year Built | 1974 |
| Total Space Available | 1,000 SF |
| Center Type | Strip Center |
| Parking | 75 Spaces |
| Center Properties | 1 |
| Frontage | 317’ on NW 20th St |
| Gross Leasable Area | 10,260 SF |
| Total Land Area | 2.29 AC |
| Year Built | 1974 |
About the Property
The address 132-158 NW 20th St in Boca Raton refers to a commercial retail and office strip known as University Park Plaza (or simply the 130-158 building). It is a prime commercial location situated directly adjacent to Florida Atlantic University (FAU) and the University Park student housing complex. Property Overview Property Type: Storefront Retail / Office Building Size: Approximately 10,260 SF Year Built: 1974 (Many units have since been renovated) Parking: High parking ratio (approx. 7.31 per 1,000 SF), making it ideal for high-traffic retail. Key Features Strategic Location: This unit is positioned in a heavy "student corridor," sitting just steps from FAU’s main campus. It benefits from high foot and vehicle traffic from students, faculty, and local residents. Versatile Layouts: The units in this strip typically feature open storefronts with large glass windows, suitable for various uses such as: Quick-Service Restaurants/Cafes: The area is a popular hub for late-night food and student hangouts. Professional Services: Ideal for tutoring centers, insurance agencies, or small law offices. Specialty Retail: Perfect for convenience stores, vape shops, or boutique fitness studios. Visibility: The building offers excellent signage opportunities facing NW 20th Street, a major artery connecting the university to downtown Boca Raton and the beach.
Nearby Major Retailers
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132-158 NW 20th St
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