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The Shoppes at University Park 141 NW 20th St 960 SF of Retail Space Available in Boca Raton, FL 33431
HIGHLIGHTS
- Close proximity to national retailers Dunkin Donuts and Jimmy Johns.
- Adjacent to University Park Apartments and across from University Square Apartments.
- Direct access to N Dixie Highway.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B7 | 960 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $2,800 /MO $33,600 /YR | Triple Net (NNN) |
141 NW 20th St - 1st Floor - Ste B7
- 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 THE SHOPPES AT UNIVERSITY PARK
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Antech Diagnostics
- Other Services
- 73
- International
- Busy Body Fitness Center
- Fitness
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Antech Diagnostics | Other Services | 73 | International |
| Busy Body Fitness Center | Fitness | 1 | Local |
PROPERTY FACTS
| Total Space Available | 960 SF | Center Properties | 8 |
| Center Type | Strip Center | Gross Leasable Area | 22,793 SF |
| Parking | 340 Spaces | Total Land Area | 8.53 AC |
| Stores | 8 | Year Built | 2005 |
| Total Space Available | 960 SF |
| Center Type | Strip Center |
| Parking | 340 Spaces |
| Stores | 8 |
| Center Properties | 8 |
| Gross Leasable Area | 22,793 SF |
| Total Land Area | 8.53 AC |
| Year Built | 2005 |
ABOUT THE PROPERTY
The "D" building in the Shops at University Park is a brand-new retail building in one of Boca Raton's hottest retail centers. Located a couple of blocks east of FAU on NW 20th St, this center has undergone substantial upgrades in the past couple of years from a tired, old office park to a major retail & dining destination, with notable tenants including Concentra Urgent Care, School of Rock, Cosa Dulci Cafe, Glausangeles, Concentra , Oishii Japanese Express, Cinnaholic and Busy Body Fitness Center.
NEARBY MAJOR RETAILERS
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The Shoppes at University Park | 141 NW 20th St
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