University Shopping Center - Coral Gables
1250 South Dixie Highway, Coral Gables, FL, 33146-2902, US
5.281 vierkante meter
Beschrijving
Iconic South Beach Restaurant
...
Kenmerken
NOI
€ 1.273.000
Verhuurbare oppervlakte
1.194 vierkante meter
Aantal eenheden
2
WALT
11.6 jaren
GAIA - Miami Beach, FL (2 Eigendommen)
GAIA - Miami Beach, FL (2 Eigendommen)
Media
Investeringskenmerken
- One of the few trophy restaurant opportunities to be offered for sale within the prestigious Miami Beach “South of Fifth” micro-market
- Two-tenant restaurant offering at the base of Marea, a boutique, 7-story condo building with 30 units at an average price of $2.3 million
- GAIA, the flagship concept of Fundamental Hospitality, accepted the property with no tenant improvement allowances and dedicated ~$25 million for renovation
- Confidential luxury tenant undergoing buildout while simultaneously executing a long-term renewal option to solidify their positioning in the Miami Beach market
- Surrounding restaurants, such as Joe’s Stone Crab, Papi Steak, Prime 112, and Carbone are amongst the highest grossing in the nation
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