Mixed-Use Property – 4,850 Square Feet in Coral Gables, FL – Prime Two-Tenant Net Leased Asset

Category: Mixed-Use

Price:$3,595,000

Location: Coral Gables, FL

Year Built: 1940

Days on Market: 31

Description:

Prime two-tenant net leased asset located at 274 Alhambra Circle in Coral Gables, Florida. Positioned along one of the city's most prominent business corridors, this 4,850-square-foot building sits on a 5,000-square-foot parcel, offering a rare investment opportunity in a high-barrier-to-entry market. Strategically situated in the heart of Coral Gables, the property boasts exceptional walkability and is just two blocks from Miracle Mile, the area’s premier destination for dining, shopping, and entertainment. The asset presents significant future upside, as current rental rates avg $39 per square foot NNN, well below the prevailing market rates. Fully Built out Restaurant & Established Dry Cleaner with Over 30 Years of Operation. Attractive Owner Financing!

Prime two-tenant net leased asset located at 274 Alhambra Circle in Coral Gables, Florida.

Listing Code: 1125693459