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Ground-Floor Retail Suite
New
For Lease
$47,219

299 Alhambra Cir #275, Coral Gables, FL 33134

Retail space occupies the street level of a multistory office building in Coral Gables.

Space SizeContact for details
Property Size62,327 SF
Days on Market3

Property Features for 299 Alhambra Cir #275

General Information

Standard status Active
Size 62,327 SF
Zoning 5005

Site & Location

Neighborhood Downtown Coral Gables

Taxes and HOA fees

Annual Taxes $165,067

Amenities

flexible office layouts
garage parking
on site property management

Building Details

Building Size 62,327 SF
Year Built 1959
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Futureoptionrealty
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 3:01PM

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 Terranova Corp

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Investment Insights

Based on property information with market context.

This ground-floor retail space is part of a 62,327-square-foot building with four office floors. The property was built in 1959 and has garage parking behind the building, along with on-site property management.

At 299 Alhambra Circle, the building sits at the meeting of Alhambra Circle and Salzedo Street in Coral Gables. Nearby tenants include FIFA, The Coral Gables Trust, Hyatt Hotels and The Allen Morris Company. The property is also described as near major roads, the airport, residential communities and Miracle Mile.

Key Highlights

  • Ground‑floor retail within a building with four office floors
  • The 62,327‑square‑foot building was built in 1959
  • Located at Alhambra Circle and Salzedo Street in Coral Gables

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Pet Store Pet Grooming Service Locksmith

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

8,550
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Coral Gables, FL

$53.87 /SF/Yr
Avg Asking Price
$2.52–$85 /SF/Yr
Price Range
13,986 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space occupies the street level of a multistory office building in Coral Gables.
Where is this retail space located?
The property is located at 299 Alhambra Cir #275 Coral Gables, FL.
What is the lease rate?
The lease rate is $47,219.
What are key features of this property?
This property features: Ground‑floor retail within a building with four office floors; The 62,327‑square‑foot building was built in 1959; Located at Alhambra Circle and Salzedo Street in Coral Gables
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