15,115 SF fully leased, multi-tenant retail center, renovated in 2023 Triple-net lease structure with staggered expirations and built-in annual rent bumps Signature tenant Cala-Millar, a celebrated Spanish restaurant and bakery concept, anchors the center $221,000 Average household income in a 1-mile radius 70,000+ vehicles per day Location Features Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core Two miles to Metrorail access, one mile to University of Miami 458,000 population in a 5 mile radius Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) Less than a mile from the University of Miami’s campus
| MLS # | A12067016 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 18 |
| Listing Provided By | E. L. S. Realty Corp. | Edward Schmidt |
| SQ Feet | 15,115 |
|---|---|
| Zoning | 6700 |
| Acreage | 22550.00 |
| State | FL |
|---|---|
| County | Miami Dade |
| City | South Miami |
| Zip Code | 33155 |
| Area | 40 |
| Listing VS Median (in 33155) | |
Price: $16,500,000 low | high Med: $449,000 sqft: 15,115 low | high Med: 1,000 $ / sqft: $1,092 low | high Med: $449 On site: 18 low | high Med: 28 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | South Miami |
| Zip Code | 33155 |
| Area | 40 |
| Listing VS Median (in 33155) | |
Price: $16,500,000 low | high Med: $449,000 sqft: 15,115 low | high Med: 1,000 $ / sqft: $1,092 low | high Med: $449 On site: 18 low | high Med: 28 | |