About this property
+/-3,820 SF turnkey restaurant sublease, priced below market rent for Coral Gables. NO KEY MONEY and only two months deposit - no extra deposits. 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 2.5 years left plus a 5-year option. Approx $18,000/mo including NNN ($37.70 + $20 PSF). Subtenant has NO PERSONAL GUARANTEE IN CURRENT TERM - Good Guy only.
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