Property Description

Now 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 $20k a month, including NNN expenses. $/SF is approximately $44 PSF + $20 PSF. Will require four deposits with the landlord plus five deposits with the tenant, as landlord will not release tenant from their personal guarantee. Subtenant will have NO PERSONAL GUARANTEE, only Good Guy guarantee ( give keys back).

Features
Heating System
Cooling System
Address Map
State:
FL
County:
Miami-Dade
City:
Coral Gables
Zipcode:
33134
Street:
1930 Ponce De Leon Blvd 1930, Coral Gables, Florid
Longitude:
W81° 44' 27.6''
Latitude:
N25° 45' 16.9''
MLS Addon
Building Area:
5,854 Sqft
Business Type
Cumulative DOM:
63
DOM:
63
Flooring:
Tile, Other
Internet Address Display:
1
Internet Listing Display:
1
Lease Term:
36 Months
Listing Terms:
Lease Option
Parcel Number:
03-41-08-006-0900
Structure Type:
Retail
Virtual Tour:
Click Here

Commercial Lease For Rent

1930 Ponce De Leon Blvd 1930, Coral Gables, Florid, Coral Gables, Florida 33134

6,066 Sqft
$20,000
MLS # #A11975803
Basic Details
Property Type :
Commercial Lease
Listing Type :
For Rent
Price :
$20,000
Year Built :
1939
Lot Area :
6,066 Sqft
MLS # :
A11975803
Property Sub Type :
Business
Agent info
Contact Agent