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348 Miracle Mile 5,702 SF of Retail Space Available in Coral Gables, FL 33134
HIGHLIGHTS
- Year round foot traffic from residential community and office community that surrounds the street
- 5702 sqft, natural vignettes, 2 ADA bathroom, 1 office, 2 additional parking space
- Surrounded by one of South Florida's most affluent residential communities
- Co-tenants: GoodVets, Polestar, Pronovias, 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
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,702 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Versatile In-Line Retail Space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 348 MIRACLE MILE, CORAL GABLES, FL 33134
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Doc B's
- -
- -
- -
- GoodVets
- Services
- -
- -
- Polestar
- Retailer
- -
- -
- Pronovias
- Retailer
- -
- -
- Seasons 52
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Doc B's | - | - | - |
| GoodVets | Services | - | - |
| Polestar | Retailer | - | - |
| Pronovias | Retailer | - | - |
| Seasons 52 | - | - | - |
PROPERTY FACTS
| Total Space Available | 5,702 SF | Gross Leasable Area | 7,140 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Storefront | Parking Ratio | 4.06/1,000 SF |
| Total Space Available | 5,702 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,140 SF |
| Year Built | 1946 |
| Parking Ratio | 4.06/1,000 SF |
ABOUT THE PROPERTY
This 5,702 SF retail space is located on famous Miracle Mile in Coral Gables, Florida. The space boasts generous ceiling heights and a magnificent elegant facade with close to 50 feet of frontage on this popular shopping and dining street. This affluent community also is home to multi national corporate headquarters and consulates. Loads of pedestrian traffic due to the buildings position in the Coral Gables central business district. Rare opportunity for a large space in the coveted community of Coral Gables, Florida
- Bus Line
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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348 Miracle Mile
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