Net-Lease Restaurant
1762-1760 SW 22nd Terrace Miami, FL 33145
For Sale
Contact for pricing
Pending
Two contiguous, free-standing net lease restaurant buildings with NNN tenants and recently renovated interiors and kitchens.
Days on Market105
Property Features for 1762-1760 SW 22nd Terrace
General Information
- Standard status
- Pending
- Property subtype
- Special Purpose
Listing Agency:
FlatFee.com
(954) 965-3990
Listed By:
Cliff Glansen · License #707077
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 23 at 12:45PM
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Investment Insights
Based on property information with market context.
The Coral Way Portfolio includes two free-standing, contiguous net lease restaurant buildings with NNN tenants in place at 1760 and 1762 SW 22nd Street. Both buildings were fully renovated and converted into restaurants between 2019 and 2021, with redone commercial kitchens and updated core systems. Improvements include new plumbing, a newly updated roof, impact windows, a 275-gallon grease trap, and 3-phase/400-amp power.
The leases are in place through the next five years, featuring annual increases and renewal options.
This offering presents an income-producing asset for a buyer seeking to hold the properties under existing net lease structures, with the seller also noting the potential for future redevelopment.
The leases are in place through the next five years, featuring annual increases and renewal options.
This offering presents an income-producing asset for a buyer seeking to hold the properties under existing net lease structures, with the seller also noting the potential for future redevelopment.
Key Highlights
- Two contiguous, free‑standing net lease restaurant buildings at 1760 and 1762 SW 22nd Street with NNN tenants in place
- NNN leases run through the next 5 years with annual increases and renewal options
- Fully renovated restaurants converted between 2019 and 2021, including redone commercial kitchens
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Two contiguous, free-standing net lease restaurant buildings with NNN tenants and recently renovated interiors and kitchens.
Where is this conventional restaurant located?
The property is located at 1762-1760 SW 22nd Terrace Miami, FL.
What are key features of this property?
This property features: Two contiguous, free‑standing net lease restaurant buildings at 1760 and 1762 SW 22nd Street with NNN tenants in place; NNN leases run through the next 5 years with annual increases and renewal options; Fully renovated restaurants converted between 2019 and 2021, including redone commercial kitchens
