
Retail Building at Coral Gables
Retail | 4.03% CAP | 2,557 SqFt
Marketing description
Located in the heart of Coral Gables, this prime retail property at 2305 Ponce de Leon Blvd offers investors the opportunity to acquire a fully leased restaurant asset in one of Miami-Dade County's most prestigious and supply-constrained submarkets.
The 2,522 SF freestanding retail building is 100% occupied by Piccola Pizzeria, a well-established european restaurant concept. The property benefits from direct frontage along Ponce de Leon Boulevard, strong pedestrian and vehicular traffic, and proximity to Miracle Mile, Class A office buildings, luxury residential developments, and high-income demographics.
The lease structure provides for annual 3% rental increases and reimbursement of operating expenses, offering built-in NOI growth and inflation hedge characteristics. The tenant operates under a long-term lease with a renewal option, providing income stability while preserving future upside potential.
This is an ideal opportunity for investors seeking stable cash flow in a premier Coral Gables corridor with strong long-term real estate fundamentals.
Please note: In addition to the real estate, the tenant business — Piccola Pizzeria — is also available for sale separately, presenting a unique opportunity for owner-operators or restaurateurs looking to acquire an established concept in this premier location.
Investment highlights
Investment Highlights
Prime Coral Gables Location – Trophy address on Ponce de Leon Blvd with strong pedestrian & vehicular traffic
100% Leased Restaurant Asset – 2,522 SF occupied by Piccola Pizzeria
Built-In Rent Growth – 3% annual increases throughout the lease term
Operating Cost Reimbursement – Tenant pays 100% Allocated Share of Operating Costs
5-Year Renewal Option – At greater of 103% of prior rent or Fair Market Rent
Personal Guaranty in Place – Absolute & unconditional guaranty
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