Corner Retail
For Lease
$38 SF/Yr
5500 SW 8th Street Pharmacy, Coral Gables, FL 33134
Pharmacy buildout, a new roof, and retail-use zoning support a range of commercial formats.
Space Size3,000 SF
Days on Market11
Property Features for 5500 SW 8th Street Pharmacy
General Information
Standard status
Active
Size
3,000 SF
Net Rentable
3,000 SF
Space & Availability
Available Space
3,000 SF
Contiguous Space
3,000 SF
Space Use
Retail
Building Details
Year Built
1965
Listing Agency:
Cohen & Roth, LLC
(305) 401-3900
Listed By:
Reinaldo Delgado · License #3243327
Source:
Thepennteam
Added: Aug 23
Changed: Aug 29
Last Checked: Aug 30 at 8:02PM
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 Cohen & Roth, LLC
Investment Insights
Based on property information with market context.
This 3,000-square-foot retail space occupies a corner lot at 5500 SW 8th Street in Coral Gables. The premises are currently configured as a pharmacy and include a visible storefront suited to a variety of retail operations. A new roof is also in place, while the building dates to 1965.
The property is positioned along a corridor reporting 40,000 vehicles in daily traffic. Permitted retail applications identified for the site include banks, beauty parlors, bakeries, bookstores, apparel stores, grocery stores, tailor shops, health clubs, gift shops, pet-care or boarding facilities, and vehicle retail showrooms.
The property is positioned along a corridor reporting 40,000 vehicles in daily traffic. Permitted retail applications identified for the site include banks, beauty parlors, bakeries, bookstores, apparel stores, grocery stores, tailor shops, health clubs, gift shops, pet-care or boarding facilities, and vehicle retail showrooms.
Key Highlights
- 3,000 square feet of retail space on a corner lot
- Currently configured as a pharmacy
- New roof
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,691
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
Lease Benchmarks for Coral Gables, FL
$35.06 /SF/Yr
Avg Asking Price
$1.07–$85 /SF/Yr
Price Range
23,939 SF
Avg Space Size
This space is priced 8% above the average of $35.06 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Pharmacy buildout, a new roof, and retail-use zoning support a range of commercial formats.
Where is this retail space located?
The property is located at 5500 SW 8th Street Pharmacy Coral Gables, FL.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: 3,000 square feet of retail space on a corner lot; Currently configured as a pharmacy; New roof
