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257-263 Miracle Mile
Coral Gables, FL 33134
Property For Lease

HIGHLIGHTS

  • Centrally located with over 18' of frontage along the renowned Miracle Mile, one of South Florida's most desirable retail experiences.
  • Highly affluent community within a 5-mile radius combined with the impressive daytime population provide a consumer spending total of $4.5 billion.
  • Cater to the traffic from multiple dining options surrounding the area including Hillstone, Seasons 52, DOC B's, Ortanique on the Mile, and more.
  • Robust foot traffic from the 374K daytime employees and 3M annual tourists who travel to Coral Gables, known as "The City Beautiful".
  • Former retail shop offers high ceilings and is a perfect location for multiple business types.

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 6,785 SF
Year Built 1952
Parking Ratio 0.91/1,000 SF

ABOUT THE PROPERTY

Just a short walk down Miracle Mile and it’s easy to see why Coral Gables is called “The City Beautiful.” One of the first master-planned communities, the downtown commercial district where Miracle Mile now resides was originally designed to be just four blocks wide and two miles long so that every business in the area would be accessible in less than a two-block walk. This design has helped turned this street which serves as the main east-west corridor through the area into one of South Florida’s most desirable retail destinations. 257 Miracle Mile offers ample metered, valet, and garage parking and bus stations are located on every corner of the block making it easy to come and enjoy everything the area has to offer. Coral Gables also contains 10.8 million square feet of office space and more than 1,600 hotel rooms, and the Miracle Mile caters to the 374,000 daytime employees who commute daily the area. This impressive daytime population complements the 554,000 citizens who call Coral Gables home and together this populace contributes to a consumer spending total of $4.5 billion. 257 Miracle Mile is centrally located in this booming retail experience and will benefit from consumers who are dining at the nearby restaurants located just steps away from the building such as Hillstone, Seasons 52, DOC B’s, Ortanique on the Mile, and Mortons. Patagonia, Relax the Back, Massage Envy, AT&T, LaserAway and BlueMercury are just a few of the neighboring retailers located on the same block who contribute to the eclectic blend of national and local brands which provide a well-rounded co-tenancy mix. Don’t miss out on the opportunity to benefit from the over 3 million tourists who stroll along the Miracle Mile and its surroundings annually.

  • Bus Line
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Listing ID: 4081781

  • Date on Market: 9/25/2016

  • Last Updated:

  • Address: 257-263 Miracle Mile, Coral Gables, FL 33134

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