1930 Ponce De Leon Blvd # 1930, Coral Gables FL 33134

About This Property

+/-3,820 SF turnkey restaurant sublease. Lower price, NO KEY MONEY, only extra deposits in place of guarantee. Take over a fully built-out restaurant in the heart of Coral Gables on highly trafficked Ponce de Leon Blvd. Second generation space in one of Miami's strongest dining corridors, surrounded by dense residential, office and high-income demographics. Full sit-down build-out: commercial kitchen, hood system, two updated grease traps, dining and bar areas. Dedicated delivery pickup area with smaller kitchen and refrigeration, with its own entrance on Navarre St. Ideal for a delivery/sit-down hybrid concept - move in without build-out cost or permitting delay. Next to the Coral Gables Target. Approx 3 years left plus a 5-year option. Approx $18,000/mo including NNN ($37.70 + $20 PSF). Subtenant has NO PERSONAL GUARANTEE - Good Guy only.

Property Details

Property Type

Restaurant/Entertainment

Status

Active

MLS #

A11975803

Building Area

5,854 SF

Leasable Area

3,820 SF

Lot Size

6,066 SF

Year Built

1939

Zoning

5005

Days on Market

176

Price

$18,000