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308 Miracle Mile, Coral Gables Submarket 308 Miracle Mile 2,242 SF of Retail Space Available in Miami, FL 33134

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HIGHLIGHTS

  • Vanilla rectangular box, 1 ADA bathroom, 1 office, 1 additional parking space, 25 ft of frontage
  • Year round foot traffic from residential community, dense hub of office buildings and 20+ international consulates
  • Surrounded by top-tier dining destinations: Hillstone, Motek, Buccan, Fuku, Pura Vida, La Pata Gorda, Maman
  • Situated in one of Miami's wealthiest neighborhoods, ensuring a strong customer base
  • 300 block co-tenants: GoodVets, Polestar, Pronovias, Starbucks, Doc B's, Bodega
  • Ample parking available. Street parking, valet, public garage directly behind building

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 308
  • 2,242 SF
  • 1-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
60 Days

Perfect location on high visibility Miracle Mile. Space has new laminate flooring, 1 ADA bathroom, 1 private managers office and ample electric for a retail store. One parking space available at the rear of the building leased at a market rate.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Wheelchair Accessible
  • Good frontage, near corner of Salzedo and Miracle
Space Size Term Rental Rate Rent Type
1st Floor, Ste 308 2,242 SF 1-10 Years Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)

1st Floor, Ste 308

Size
2,242 SF
Term
1-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
60 Days

Perfect location on high visibility Miracle Mile. Space has new laminate flooring, 1 ADA bathroom, 1 private managers office and ample electric for a retail store. One parking space available at the rear of the building leased at a market rate.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Space is in Excellent Condition
  • Wheelchair Accessible
  • Good frontage, near corner of Salzedo and Miracle

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.

SELECT TENANTS AT 308 MIRACLE MILE, CORAL GABLES SUBMARKET

  • Hillstone Restaurant
  • Starbucks

PROPERTY FACTS

Total Space Available 2,242 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 2,385 SF
Year Built 1926
Parking Ratio 0.89/1,000 SF

ABOUT THE PROPERTY

Located on the 300 block of the famous Miracle Mile, between Le Jeune Road and Salzedo Street, in Coral Gables, Florida this 2,242 SF retail space has great visibility with 25 feet of frontage. 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.

  • Bus Line

ATTACHMENTS

308 Miracle Mile
Walk Score®
Walker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

[solidcore]
StretchLab
Orangetheory Fitness
Starbucks
Regions Bank
Ocean Bank
Wells Fargo
TD Bank
Bank of America
U.S. Century Bank
  • Listing ID: 14359651

  • Date on Market: 2024-10-31

  • Last Updated:

  • Address: 308 Miracle Mile, Miami, FL 33134

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