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273 Alhambra Cir 2,354 SF of Retail Space Available in Coral Gables, FL 33134
HIGHLIGHTS
- Strategically located in Downtown Coral Gables, 273 Alhambra caters to the live, work, play lifestyle
- Previously a fitness concept
- Ample parking surrounds the building
- Situated in one of Miami's wealthiest neighborhoods, ensuring a strong customer base
- 5 minute walk to chef-driven restaurants on Miracle Mile & Giralda Plaza
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,354 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Located ground floor of 299 Alhambra Circle, 273 Alhambra is a second-generation fitness space. The former build out has been partially demolished to create an open environment. Optimal for fitness or service related businesses
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Partially Demolished Space
- Central Air Conditioning
- High Ceilings
- Exposed Ceiling
- Street parking available directly in front
- Covered parking available in adjacent building
- Surrounded by large scale office including FIFA HQ
- Optimal for fitness or service related businesses
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 | 2,354 SF | Gross Leasable Area | 11,517 SF |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,354 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,517 SF |
| Year Built | 1958 |
ABOUT THE PROPERTY
273 Alhambra Circle is located at the intersection of Salzedo Street and Alhambra Circle, a desired location for top office buildings in Coral Gables, Florida. Neighboring tenants include Mitch's Bagels, Cafe Demetrio, FIFA, The Coral Gables Trust, Hyatt Hotels, The Allen Morris Company and many more. 273 Alhambra Circle offers an open floor plan perfect for fitness users and other service related retailers. Garage parking available at adjacent building and on site property management. It's position near major roads, the airport, residential communities, and Miracle Mile offers extreme convenience and connectivity to its tenants.
NEARBY MAJOR RETAILERS
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273 Alhambra Cir
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