136 Miracle Mile - Freestanding FOR SALE


Coral Gables, FL 33134- Crafts
$4,359,178 USD
332-345-4222
136 Miracle Mile, Coral Gables, FL for Sale
$4,359,178 USD
Freestanding - FOR SALE
1/2
null | 4.5% Cap Rate

136 Miracle Mile
Coral Gables, FL 33134
Crafts


HIGHLIGHTS

  • Frontage Along Miracle Mile
  • Attractive Rental Increases
  • National and Growing Tenant
  • US Coffee Market Size

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Maman located at 136 Miracle Mile, Coral Gables, FL 33134. The site consists of roughly 2,616 rentable square feet of building space on an estimated 0.07-acre parcel of land. This Maman is subject to a 10-year Triple Net (NNN) lease, which commenced 8/3/2023. The current annual rent is $196,163 and has scheduled increases of 3.50% annually.

FOR SALE DETAILS

PRICE

$4,359,178 USD

PRICE/SF

$1,666 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maman

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CB

APN/PARCEL ID

03-4117-005-0530

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.