- /
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 16,500,000
Est. payment | /mo
15,115 SqFt
$ 16,500,000
Est. payment | /mo
15,115 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 15,115 sqft
Price per Sqft $1,091
MLS Listing ID A12067016
HOA Y/N No
Year Built 1946
Lot Size 0.518 Acres
Property Sub-Type Retail
Property Description
• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023
• Triple-net lease structure with staggered expirations and built-in annual rent bumps
• Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center
$221,000 Average household income in a 1-mile radius
•70,000+ vehicles per day
Location Features
• Positioned in a highly walkable, transit-friendly corridos within Coral Gables' urban core
• Two miles to Metrorail access, one mile to University of Miami
• 458,000 population in a 5-mile radius
• Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd)
• Less than a mile from the University of Miami's campus
• Triple-net lease structure with staggered expirations and built-in annual rent bumps
• Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center
$221,000 Average household income in a 1-mile radius
•70,000+ vehicles per day
Location Features
• Positioned in a highly walkable, transit-friendly corridos within Coral Gables' urban core
• Two miles to Metrorail access, one mile to University of Miami
• 458,000 population in a 5-mile radius
• Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd)
• Less than a mile from the University of Miami's campus
Location
State FL
County Miami-dade
Area 40
Zoning 6700
Exterior
Private Pool Yes
Others
Tax ID 09-40-24-006-0050
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12067016
Listed by E. L. S. Realty Corp.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "