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1st Floor Ste 1930-1940 Ponce
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Retail
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3,020-3,820 SF
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$37.75 USD/SF/YR
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Now a LOWER PRICE with NO KEY MONEY and only extra deposits in place of guarantee! Exceptional opportunity to take over a fully built-out restaurant in the heart of Coral Gables on highly trafficked Ponce de Leon Boulevard. This ±3,820 SF second generation space is strategically positioned in one of Miami's strongest dining corridors, surrounded by dense residential, office, and high-income demographics. The restaurant features a complete sit down restaurant build-out including commercial kitchen infrastructure, hood system, two updated grease traps, dining area, bar area, and all necessary restaurant improvements. The best feature the restaurant has is a dedicated delivery pickup area with smaller kitchen and refrigeration area with a separate area on Navarre st. Ideal for a modern delivery/ sit down hybrid restaurant concept where an operator can step into a move-in ready location without the time, cost, and permitting delays associated with a new build-out. Property is right next to the Coral Gables target. Approximately 3 years left on the lease and includes a five year option. Rent is approximately $18k a month, including NNN expenses. $/SF is approximately $37.75 PSF + $20 PSF. Subtenant will have NO PERSONAL GUARANTEE, only Good Guy guarantee ( give keys back).
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Date available: Now
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Lease term: None
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Service type: Triple Net
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Built out as: Restaurants And Cafes
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Space Type: Sublet
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