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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)

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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
Restaurant
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

Nearby Major Retailers

9Round
Club Pilates
Peet's Coffee
Bank of America
EverBank
Chase Bank
Pei Wei
Boustan
Denny's
Just Salad

Property Taxes

Property Taxes

Parcel Number
03-4108-007-3700
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£3,394,436
  • Listing ID: 24988225

  • Date on Market: 05/02/2022

  • Last Updated:

  • Address: 99 Miracle Mile Miracle Mile / Coral way, Coral Gables, FL 33134

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