University Shopping Center - Coral Gables
1250 South Dixie Highway, Coral Gables, FL, 33146-2902, US
5,281 sm
Description
JLL is pleased to exclusively offer the opportunity to acquire The Cocowalk Collection (the “Property”, “Collection”) in Coconut Grove, Florida. The Collection features Cocowalk, a mixed-use, trophy property totaling 253,789 SF, and three Coconut Grove retail assets, totaling 17,107 SF. The Cocowalk Collection is 99.2% leased to 32 retail tenants and 19 office tenants, boasting an 5.7-year weighted average lease term and includes a 789-space structured parking garage.
The Cocowalk Collection offers a generational opportunity to acquire best-in-class retail & trophy office space with strong in-place cash flow and actionable mark-to-market resulting in 7.6% 10-year CAGR in one of the U.S. most dynamic and high-growth submarkets.
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Attributes
Assets
4
Building area net
25,167 sm
Occupancy
99.2%
GLA Breakdown
55% Retail | 45% Office
Land area net
1.48 ha
WAULT
5.7 years
Parking Garage
789 Spaces
Cocowalk Collection (4 Properties)
Cocowalk Collection (4 Properties)
Media
Investment highlights
- 99.2% occupancy ensures stable cash flow across the portfolio
- 5.7 year WALT reflects strong tenant commitment and income security
- Retail dominance at 55% GLA maximizes exposure to consumer growth
- 789 parking spaces cater to high foot traffic and customer convenience
- Prime Miami locations offer strategic retail and office positioning
- Opportunity to enhance tenant mix and increase above-market rents
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