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135-137 Miracle Mile 4,100 SF of Retail Space Available in Coral Gables, FL 33134
HIGHLIGHTS
- Prime restaurant opportunity in the heart of Downtown Coral Gables, one of Miami's wealthiest neighborhoods
- Large outdoor patio and dining option available
- High visibility location along Miracle Mile. 100th block being re-tenanted by top dining and entertainment venues
- Formerly Panera Bread. Second generation restaurant with existing infrastructure - ideal for full-service dining operators
- Ample parking available. Street parking, valet, two public garages steps away
- Year round foot traffic from residential community, dense hub of office buildings and 20+ international consulates
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 137 | 4,100 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 137
Located on famous Miracle Mile in Coral Gables, Florida Affluent trade area Fully built out restaurant space Strong daytime and evening population Popular dining destination
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- Freezer Space
- High Ceilings
- Recessed Lighting
- Wheelchair Accessible
- Fully Built Out Restaurant Space, Outdoor Seating
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.
PROPERTY FACTS
| Total Space Available | 4,100 SF | Gross Leasable Area | 7,158 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Freestanding |
| Total Space Available | 4,100 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,158 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Located on the 100 block of the famous Miracle Mile, between Ponce de Leon Blvd and Galiano Street, in Coral Gables, Florida this 4100 SF restaurant space has great visibility with 30 feet of frontage and patio dining. As the high street of the Central Business District of Coral Gables, Miracle Mile is the street to dine and stroll while visiting the City Beautiful. The Mile is lined by a beautiful streetscape and chef driven restaurants to satisfy any palate.
- 24 Hour Access
- Bus Line
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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135-137 Miracle Mile
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