Net-Lease Restaurant
For Sale
Contact for pricing
Pending
1762-1760 SW 22nd Terrace, Miami, FL 33145
Two contiguous, free-standing net lease restaurant buildings with NNN tenants and recently renovated interiors and kitchens.
Property SizeContact for details
Days on Market125
Property Features for 1762-1760 SW 22nd Terrace
General Information
Standard status
Pending
Property subtype
Special Purpose
Additional Details
Heavy Power
Yes
Grease Trap
Yes
Building Details
Year Renovated
2021
Tenancy
Multi
Listing Agency:
FlatFee.com
(954) 965-3990
Listed By:
Cliff Glansen · License #707077
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 12 at 10:53AM
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 FlatFee.com
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
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
1,955
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
