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LUXURY CORAL GABLES Restaurant FOR LEASE 99 Miracle Mile Miracle Mile / Coral way 4,600 sq ft Retail Property Coral Gables, FL 33134 £73,465 (£15.97/sq ft)



Investment Highlights
- LUXURY CORAL GABLES Restaurant Business FOR SALE
- Very well established in a busy location at Miracle Mile/ Coral Way
- Great location
Executive Summary
LUXURY CORAL GABLES Restaurant Business FOR LEASE. This is a rare opportunity to lease a fully built-out flagship restaurant in the heart of Miracle Mile, one of Coral Gables’ most prestigious dining corridors. The space was originally developed at a cost of approximately $2.6 million and was previously offered for sale for $2 million. It is now available directly from the landlord for $100,000 in key money, allowing a new operator to launch a concept at a fraction of the original investment. The restaurant is being offered fully equipped from the kitchen to the dining room with 201 seating. Lounge seating bar & outdoor covered dining area. Rent Level: Approximately 30% below market compared to nearby Miracle Mile restaurant spaces. Easy to show.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
4,600 sq ft
Costar Property Class
C
Year Built/Renovated
2015/2017
Price
£73,465
Price per sq ft
£15.97
Tenancy
Single
Number of Floors
1
Plot ratio
0.29
Total Plot Size
0.36 ac
Use Class
5004 - GENERAL BUSINESS
Walk Score®
Excellent pedestrian access (98)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-4108-007-3700 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £3,394,436 |
Property Taxes
Parcel Number
03-4108-007-3700
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,394,436
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LUXURY CORAL GABLES Restaurant FOR LEASE | 99 Miracle Mile Miracle Mile / Coral way
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