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520 Biltmore Way 2,125 SF of Retail Space Available in Coral Gables, FL 33134
HIGHLIGHTS
- Surrounded by boutiques, fine dining, offices, and high-end residences
- Steps from Miracle Mile & Downtown Coral Gables
- Easy access to US-1, Brickell, and Coconut Grove
- Median Household Income: $130,000 +
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Available Space | 2,125 SF | Negotiable | $65.00 /SF/YR $5.42 /SF/MO $138,125 /YR $11,510 /MO | Triple Net (NNN) |
1st Floor, Ste Available Space
Chariff Realty Group is proud to present a rare full-service salon opportunity at 520 Biltmore Way in the heart of Coral Gables—one of the most affluent and brand-conscious markets in the country. This 2,125 SF building sits on 3,000 SF of land, providing the added benefit of parking for three cars—a coveted commodity in this high-demand area. Currently home to Olazabal Hair & Skin, a cornerstone of Coral Gables since 1982, this fully built-out, second-generation salon eliminates the need for costly new construction and long delays. We are not only looking for a tenant but a company that understands the importance of maintaining the exceptional quality and customer service that Olazabal Hair & Skin has provided for over 40 years, servicing the most affluent clientele in Coral Gables.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is an outparcel at this property
- Situated in Coral Gables
- Ideal for high-end hair stylists, estheticians, na
- The flexible layout
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 520 BILTMORE WAY, CORAL GABLES, FL 33134
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Olazabal Hair & Skin Salon
- Salon/Barber/Spa
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Olazabal Hair & Skin Salon | Salon/Barber/Spa | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,125 SF | Gross Leasable Area | 2,125 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.41/1,000 SF |
| Total Space Available | 2,125 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,125 SF |
| Year Built | 1957 |
| Parking Ratio | 1.41/1,000 SF |
FEATURES AND AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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520 Biltmore Way
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