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NNN Restaurant Portfolio
For Sale
Contact for pricing
Pending

1760 Coral Way, Miami, FL 33145

Two adjoining freestanding restaurant buildings are leased to NNN occupants with scheduled increases and renewal options.

Property SizeContact for details
Days on Market141

Property Features for 1760 Coral Way

General Information

Standard status Pending
Property subtype Retail

Building Details

Buildings 2
Listing Agency: Cushman & Wakefield - Miami, Florida
Listed By: Virgilio Fernandez · License #SL3397219
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:07AM

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 Cushman & Wakefield - Miami, Florida

Investment Insights

Based on property information with market context.

The Coral Way Portfolio comprises two freestanding restaurant buildings positioned next to one another and operated under net lease arrangements. Both properties have NNN tenants in place, providing an established restaurant configuration across the contiguous sites.

The current lease terms extend through the next 5 years and include annual increases along with renewal options. The occupants are local restaurateurs associated with a neighborhood dining concept. The portfolio is located at 1760 Coral Way in Miami, Florida 33145.

Key Highlights

  • Two contiguous freestanding restaurant buildings
  • NNN tenants currently in place
  • Lease terms extend through the next 5 years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Locksmith Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,955
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33145, FL

29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two adjoining freestanding restaurant buildings are leased to NNN occupants with scheduled increases and renewal options.
Where is this conventional restaurant located?
The property is located at 1760 Coral Way Miami, FL.
What are key features of this property?
This property features: Two contiguous freestanding restaurant buildings; NNN tenants currently in place; Lease terms extend through the next 5 years
(305) 613-4507 Call to check price and availability
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