2690 SW 22nd St - Retail FOR SALE
Coral Gables, FL 33145 |
2690 SW 22nd St
Coral Gables, FL 33145
HIGHLIGHTS
- Rare Offering with over 3 Acres of Land, Encompassing an Entire Block within the City of Miami, Zoning Allows for up to 5 Stories of Mixed-Use Develop
- 93% of GLA (5 out of 7 tenants) have been in Occupancy Since Property was Constructed in 1995
- Top-Performing CVS in the Region, with Steady, Annual Increase in Store Sales, Translating into Annual Rent Increases Due to Percentage Rent Clause
- Anchor Tenants Office Depot and CVS are into their Option Periods with Limited Options Remaining and Well-Below Market Rents for this Corner Location
- Minutes from Affluent Coral Gables, Coconut Grove and Brickell Neighborhoods, as well as the University of Miami and World-Famous Miracle Mile
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Shoppes of Coral Way
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
48993
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
324
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
01-4115-073-0050
