University Shopping Center - Coral Gables
1250 South Dixie Highway, Coral Gables, FL, 33146-2902, US
5.281 m²
Descrição
Iconic South Beach Restaurant
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Atributos
Preço pedido
€ 20.405.000
Taxa de capitalização
6,15%
NOI
€ 1.255.000
Área alugável
1.194 m²
Número de unidades
2
WALT
11.6 anos
GAIA - Miami Beach, FL (2 Propriedades)
GAIA - Miami Beach, FL (2 Propriedades)
Media
Destaques do investimento
- 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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