1930 Ponce De Leon Blvd Unit #1930, Coral Gables, FL 33134

Property Description

NOW DIVISIBLE - take +/-800 SF or the full +/-3,820 SF. Lower price, NO KEY MONEY, only extra deposits in place of guarantee. 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 3 years left plus a 5-year option. Full space approx $18,000/mo including NNN ($37.70 + $20 PSF); a +/-800 SF demise approx $3,850/mo all-in. Four base rent deposits with landlord plus three with tenant. Subtenant has NO PERSONAL GUARANTEE - Good Guy only.