Established Luxury Restaurant for Sale in Coral Gables, FL
LUXURY CORAL GABLES Restaurant Business FOR LEASE. This is a rare opportunity to lease a fully built-out flagship restaurant in the heart of Miracle Mile, one of Coral Gables’ most prestigious dining corridors. The space was originally developed at a cost of approximately $2.6 million and was previously offered for sale for $2 million. It is now available directly from the landlord for $100,000 in key money, allowing a new operator to launch a concept at a fraction of the original investment. The restaurant is being offered fully equipped from the kitchen to the dining room with 201 seating. Lounge seating bar & outdoor covered dining area. Rent Level: Approximately 30% below market compared to nearby Miracle Mile restaurant spacesEasy to show. Amazing restaurant space for lease on a busy location of Miracle Mile.
Directions
From US-1 (South Dixie Highway), head east on Miracle Mile toward downtown Coral Gables. Continue past Ponce de Leon Blvd; the property will be located on Miracle Mile in the heart of Coral Gables
Listing Code
1004459538
Business Type
BarTavernLounge,FoodAndBeverage,Restaurant
Days On Market
83
Parking Features
Common
Insurance Expense
$10,000
Documents Available
Aerial,Contracts,Financials,GroundPhoto,Inventory,Lease
Financial Data Source
Owner
Hours/days Of Operation
OpenMoreThan8HoursDay
Financials
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