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125-127 Miracle Mile 4,600 SF of Retail Space Available in Coral Gables, FL 33134
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,600 SF | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $276,000 /YR $23,000 /MO | Triple Net (NNN) |
1st Floor
Positioned on one of the most desirable blocks of Miracle Mile, just steps from the Ponce de Leon intersection, this space sits in the heart of Coral Gables’ most dynamic dining corridor. Surrounded by high-performing, lifestyle-driven operators, the location benefits from constant foot traffic and a built-in customer base drawn to nearby favorites such as Doc B’s, Crema, Copper 29, Pura Vida, Bodega, and Capital One Café. The momentum continues to build with Buccan opening at 100 Miracle Mile and Cocoliche planned near 55 Miracle Mile, further elevating the block’s culinary profile. The interior is in pristine, turnkey condition, with the previous tenant leaving behind a multi-million-dollar buildout, including a fully equipped kitchen, code-compliant hood, and grease trap—a rare plug-and-play opportunity on the Mile. Key Money: $100,000
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- multi-million-dollar buildout
- fully equipped kitchen
- code-compliant hood, and grease trap
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 125-127 Miracle Mile, Coral Gables, FL 33134
- Tenant
- Description
- US Locations
- Reach
- Jimmy John's
- Sub Sandwich
- 3,214
- International
- Leather World
- Retailer
- 1
- -
- SC Gastronomic Crew Inc
- Real Estate
- 1
- -
- Spy World
- Professional, Scientific, and Technical Services
- 1
- -
- Trouville
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Jimmy John's | Sub Sandwich | 3,214 | International |
| Leather World | Retailer | 1 | - |
| SC Gastronomic Crew Inc | Real Estate | 1 | - |
| Spy World | Professional, Scientific, and Technical Services | 1 | - |
| Trouville | Retailer | 1 | - |
Property Facts
| Total Space Available | 4,600 SF | Gross Leasable Area | 4,664 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront |
| Total Space Available | 4,600 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,664 SF |
| Year Built | 1950 |
About the Property
Positioned on one of the most desirable blocks of Miracle Mile, just steps from the Ponce de Leon intersection. The location enjoys high-volume foot traffic and is surrounded by a number of popular eateries such as Doc B’s, Crema, Copper 29, Pura Vida, Bodega, and Capital One Café, with new ones like Buccan and Cocoliche coming soon, further elevating the block’s culinary profile. The interior is in pristine, turnkey condition, with the previous tenant leaving behind a multi-million-dollar buildout, including a fully equipped kitchen, with hood, and grease trap — a rare plug-and-play opportunity on the Mile.
- Bus Line
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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125-127 Miracle Mile
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