Chase Bank With
For Sale
Contact for pricing
2740 Coral Way, Coral Gables, FL 33134
Tenant-built improvements include automated teller access and a dedicated pass-through lane.
Property SizeContact for details
Days on Market144
Property Features for 2740 Coral Way
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Alan Lipsky · License #FL SL3279054
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:26AM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The property is a newly constructed Chase bank at 2740 Coral Way in Coral Gables, Florida. Improvements were developed and funded by the tenant and include drive-thru ATMs and a pass-through lane. The asset is subject to a long-term NNN ground lease with more than 13 years remaining in the base term, four five-year renewal options, and 10 percent rent increases every five years during the base term and option periods.
The branch is positioned along Miracle Mile, a high-traffic retail corridor in downtown Coral Gables. The property is approximately four miles from the University of Miami, one mile from Coconut Grove, 1.5 miles from Miami Dade College Eduardo J. Padrón Campus, and two miles from The Shops at Merrick Park. Nearby retail and dining operators include Publix, Target, Starbucks, CVS, Walgreens, The Cheesecake Factory, and Chipotle.
The branch is positioned along Miracle Mile, a high-traffic retail corridor in downtown Coral Gables. The property is approximately four miles from the University of Miami, one mile from Coconut Grove, 1.5 miles from Miami Dade College Eduardo J. Padrón Campus, and two miles from The Shops at Merrick Park. Nearby retail and dining operators include Publix, Target, Starbucks, CVS, Walgreens, The Cheesecake Factory, and Chipotle.
Key Highlights
- Newly constructed Chase bank at 2740 Coral Way, Coral Gables, FL 33134
- Long‑term NNN ground lease with more than 13 years remaining on the base term
- Four, five‑year tenant renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,447
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Tenant-built improvements include automated teller access and a dedicated pass-through lane.
Where is this bank located?
The property is located at 2740 Coral Way Coral Gables, FL.
What are key features of this property?
This property features: Newly constructed Chase bank at 2740 Coral Way, Coral Gables, FL 33134; Long‑term NNN ground lease with more than 13 years remaining on the base term; Four, five‑year tenant renewal options
