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Dry Retail with Second-Floor Office
For Lease
$68 SF/Yr NNN

270 Coral Way 270, Coral Gables, FL 33134

1890 SF retail with existing dry buildout plus approximately 250 SF of second-floor office and storage.

Space SizeContact for details
Days on Market49

Property Features for 270 Coral Way 270

General Information

Standard status Active

Building Details

Year Built 1943
Stories 2
Listing Agency: Kerdyk Real Estate, Inc.
Listed By: John Guzzo · License #A11962665
Source: Mymiahomes
Added: Jul 20 Changed: Aug 23 Last Checked: Sep 6 at 11:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kerdyk Real Estate, Inc.

Investment Insights

Based on property information with market context.

This retail space offers 1,890 SF of gross leasable area with an existing dry retail buildout. An additional approximately 250 SF of second-floor space is available for office and storage use.

The property is positioned for strong visibility with heavy foot traffic. Parking is a key advantage, with an adjacent Andalusia Garage located directly in the rear of the building, along with valet parking and ample street parking.

The space is available for the first time in over 14 years. Asking rent is $68 PSF with NNN expenses of $21.10 PSF. The current buildout is described as suitable for apparel, salons, wellness, health/beauty, and service retail.

Key Highlights

  • 1,890 SF gross leasable area (GLA) retail space with existing dry retail buildout
  • Includes approx. 250 SF of 2nd‑floor office and storage space
  • Asking $68 PSF with NNN expenses of $21.10 PSF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Restaurant Locksmith Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,637
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value

Market

Lease Benchmarks for Coral Gables, FL

$35.06 /SF/Yr
Avg Asking Price
$1.07–$85 /SF/Yr
Price Range
23,939 SF
Avg Space Size

This space is priced 94% above the average of $35.06 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1890 SF retail with existing dry buildout plus approximately 250 SF of second-floor office and storage.
Where is this retail space located?
The property is located at 270 Coral Way 270 Coral Gables, FL.
What is the lease rate?
The lease rate is $68 SF/Yr.
What are key features of this property?
This property features: 1,890 SF gross leasable area (GLA) retail space with existing dry retail buildout; Includes approx. 250 SF of 2nd‑floor office and storage space; Asking $68 PSF with NNN expenses of $21.10 PSF
More about this property
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