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4000 SW 57th Ave, South Miami FL 33155

South Miami, FL 33155

$16,500,000

  • 4000 SW 57th Ave, South Miami FL 33155, photo 1 of 3
  • 4000 SW 57th Ave, South Miami FL 33155, photo 2 of 3
  • 4000 SW 57th Ave, South Miami FL 33155, photo 3 of 3

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Price
$16,500,000
Building size
15,115
Property type
Retail
Year built
1946
Lot size (sq ft)
22,550
MLS number
A12067016

This listing is courtesy of E. L. S. Realty Corp., 305-938-4000.

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About this property

• 15,115 SF fully leased, multi-tenant retail center, renovated in 2023 • Triple-net lease structure with staggered expirations and built-in annual rent bumps • Signature tenant CalaMillor, a celebrated Spanish restaurant and bakery concept, anchors the center $221,000 Average household income in a 1-mile radius •70,000+ vehicles per day Location Features • Positioned in a highly walkable, transit-friendly corridos within Coral Gables’ urban core • Two miles to Metrorail access, one mile to University of Miami • 458,000 population in a 5-mile radius • Hard-corner signalized intersection at SW 40th St (Bird Rd) and SW 57th Ave (Red Rd) • Less than a mile from the University of Miami’s campus

Details

Property type
Retail
Year built
1946
Lot size (sq ft)
22,550

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC