Historical Retail Sale Listing - CHICAGO'S

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CHICAGO'S

3120 COMMODORE PLAZA, Coconut Grove, FL 33133

N/A

5,400 SF | Retail

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Chicago's entrance

Retail Property - Off Market

Price:
N/A
Building Size:
5,400 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with
7 years left on lease
Commission Split:
3%
Cap Rate:
8.75%
Occupancy:
100%
Tenancy:
Single
Lot Size:
4,325 SF
APN / Parcel ID:
01-4121-047-0120
Listing ID
17690977
Last Updated
over 1 year ago

Description

COCONUT GROVE'S best 200 seat RESTAURANT with high foot traffic on COMMODORE PLAZA. Previously Chicago's Restaurant, but just leased to an experienced restauranteur for 7 years at $120,000/year net, a cap rate of 8.57. All FF&E and huge kitchen in good working condition. The 5,400+/- sf interior includes main floor and upstairs bar and dining plus a complete 2ND FLOOR APARTMENT/OFFICE with bathroom and kitchen. The lot is 4,325 SF. The timing is perfect to acquire this great location with a strong cap rate with the market in upswing.

Mid block on Commodore Plaza on Coconut Grove's restaurant row .

Map of 3120 COMMODORE PLAZA, Coconut Grove, FL 33133 (Miami-Dade County)

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Similar Listings

29 Photos
Commodore Plaza
Commodore Plaza
  • Coconut Grove, FL
  • $2,250,000
  • 4,492 SF Bldg
           
Created 6/5/2012