premier location on restaurant row...merrick manor 301 altara avenue 20. laguna house 4220 laguna...

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PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing opportunity, as it possesses a blend of property and market specific dynamics, which combine to create the foundation for a successful retail project. The layout of the property allows for flexible and creative use of the space to maximize retail exposure, experience and functionality. This combined with the recent redevelopment of Giralda Avenue, the cool street culture and identity on “Restaurant Row” in Coral Gables. avisonyoung.com 120 GIRALDA AVENUE

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  • PREMIER LOCATION ON R E S TAU R A N T R O W120 Giralda Avenue provides a unique marketing opportunity, as it possesses a blend of property and market specific dynamics, which combine to create the foundation for a successful retail project.

    The layout of the property allows for flexible and creative use of the space to maximize retail exposure, experience and functionality. This combined with the recent redevelopment of Giralda Avenue, the cool street culture and identity on “Restaurant Row” in Coral Gables.

    avisonyoung.com

    120 GIRALDA A V E N U E

  • MIRACLE MILE

    PON

    CE D

    E LE

    ON

    BLV

    D

    ARAGON AVE

    GIRALDA AVE

    GA

    LIA

    NO

    ST

    MERRICK WAY1 2 3 4 5 6 7

    8

    14 13 12 1110 9

    LOCATION

    “RESTAURANT ROW” TENANTS

    1. Talavera2. La Dorada3. Bangkok Bangkok4. Pokebao5. Vicolo Restaurant6. Threefold Cafe7. Spizzigo Restaurant8. Lorenzo9. Pasion del Cielo10. GreenLife Organic Bistro11. Beauty Salon12. The Local Craft Food & Drink13. Divino Ceviche14. The Bar

    Located between Ponce de Leon Boulevard and Galiano Street, “Restaurant Row” has more than a dozen restaurants and bars that are bringing culinary excellence and libations outdoors for diners to enjoy the “Cool Street” atmosphere.

    STREETSCAPE PROJECT DESCRIPTIONThe Miracle Mile and Giralda Avenue Streetscape project is underway. The goal of the project is to enhance the economic vitality of the Downtown Coral Gables district by transforming some of the City’s main commercial streets, Miracle Mile and Giralda Avenue.

    The improvements are intended to provide a cohesive pedestrian-friendly experience with garden areas, outdoor dining, improved lighting, way finding, public art and more.

    PROJECT LIMITSThe Miracle Mile improvements will be executed from the eastern side at Douglas Road (SW 37th Ave) to the western end at LeJuene Road (SW 42nd Ave). The Giralda Avenue improvements begin at Galiano Street on the east to Ponce de Leon Boulevard on the west.

    For more information www.gablesstreescape.com

    http://www.gablesstreescape.com

  • CORAL GABLES DEMOGRAPHICS

    EST. POPULATION (2017)

    52,127

    PROJ. POPULATION (2022)

    54,423

    EST. HOUSEHOLDS(2022)

    20,076EST. AVG HOUSEHOLD

    INCOME (2022)

    $160,782

    EST. FOOD & BERAGE EXPENDITURES (2017)

    $279MADJ. DAYTIME DEMOS

    AGE 16+ (2017)

    70,759

    EST. TOTAL EMPLOYEES (2017)

    53,230

  • THE GABLES MARKET HIGHLIGHTS

    1ST FLOOR

    PRICE UPON REQUEST

    SQUARE FEET: 10,893 SF

    LEASE TYPE: NNN

    ZONING: CB

    USE: RETAIL

    LANDLORD IS PREPARED TO CONSTRUCT PREMISES

    40 commercial and residential projects, 2,700 residential units, 1.5 million square feet of office space and 740 new hotel rooms

    Public transit, connect-ability, the Metrorail and City trolley routes from all over the city

    An affluent community, home to the region’s wealthiest corporate citizens and foreign investors

    GIRA

    LDA

    AVE

    N

  • GIRALDA PLAZA HIGHLIGHTS

    2ND FLOOR

    PRICE UPON REQUEST

    SQUARE FEET: 4,254 SF

    LEASE TYPE: NNN

    ZONING: CB

    USE: RETAIL

    LANDLORD IS PREPARED TO CONSTRUCT PREMISES

    Giralda Plaza’s evolution has begun and 120 Giralda is the catalyst to the future

    Walkable, vibrant, attractive streetscape with festive and communal feel

    A destination promenade pulling patrons from around the nation

    GIRA

    LDA

    AVE

    N

  • BUILDING HIGHLIGHTS

    3RD FLOOR

    PRICE UPON REQUEST

    SQUARE FEET: 1,856 SF

    LEASE TYPE: NNN

    ZONING: CB

    USE: RETAIL

    LANDLORD IS PREPARED TO CONSTRUCT PREMISES

    The anchor building on Coral Gables’ preeminent street

    Dynamic aesthetic presence w/ innovative restaurant and retail components

    Rooftop Garden will bring a distinguished characteristic not yet seen in the Gables’ history

    GIRA

    LDA

    AVE

    N

  • 1. 1091 Galiano 1091 Galiano Street

    2. Ofizzina 1200 Ponce de Leon Boulevard

    3. Antilla Grande Condos 20 Antilla Avenue

    4. Casa Antilla 10-36 Antilla Avenue

    5. Villas at Salamanca 120 Salamanca Avenue

    6. Casa Menores 108 Menores Avenue

    7. 232 Zamora 232 Zamora Avenue

    8. Villa Madeira 341 Madeira Avenue

    9. 301 Majorca 301 Majorca Avenue

    10. 2020 Salzedo 2020 Salzedo Avenue

    11. Colombus Center Phase II 100 Alhambra Circle

    12. Giralda Place 2222 Ponce de Leon boulevard

    13. Jimaca Condos 2800 S Douglas Road

    14. The Plaza Coral Gables 3001 Ponce de Leon Boulevard

    15. Four Points by Sheraton Coral Gables 3861 SW 40th Street

    16. Berkshire Coral Gables 3880 Bird Road

    17. Modera Douglas Station 3760 Bird Road

    18. The Collection Residences 250 Bird Road

    19. Merrick Manor 301 Altara Avenue

    20. Laguna House 4220 Laguna Street

    21. One Merrick Park 351 San Lorenzo Avenue

    22. Merrick Park Hotel 4241 Aurora Street

    23. 4311 Ponce 4311 Ponce de Leon Boulevard

    24. Gables Station 251 S Dixie Highway

    25. Gables Point Plaza 280 S Dixie Highway

    26. Gables Ponce III 366 Granello Avenue

    27. 405 South Dixie 405 S Dixie Highway

    1091 Galiano # of Residential Units: 26 1 Antilla Grande Condos

    # of Residential Units: 32

    3Casa Antilla

    # of Residential Units: 444

    Villas at Salamanca # of Residential Units: 8 5 Casa Menores

    # of Residential Units: 86232 Zamora # of Residential Units: 11

    7Villa Madeira

    # of Residential Units: 118

    301 Majorca # of Residential Units: 10

    9

    Columbus Center Phase II # of Residential Units: 200

    Retail sf: 5,460 sf11

    Giralda Place # of Residential Units: 33

    Retail sf: 13,390 sf

    12

    Jimaca Condos # of Residential Units: 12

    Retail sf: 3,356 sf13

    The Plaza Coral Gables # of Residential Units: 136

    Retail sf: 137,000 sf

    14

    Four Points by Sheraton Coral Gables

    # of Hotel Rooms: 103

    15

    Berkshire Coral Gables # of Residential Units: 276

    16 Modera Douglas Station # of Residential Units: 26217

    The Collection Residences # of Residential Units: 126

    Retail sf: 42,060 sf

    18Merrick Manor

    # of Residential Units: 227Retail sf: 19,000 sf

    19Laguna House# of Residential Units: 13

    Retail sf: 3,565 sf20

    One Merrick Park # of Residential Units: 13

    Retail sf: 3,529 sf

    21

    Merrick Park Hotel # of Hotel Rooms: 135

    224311 Ponce

    # of Residential Units: 8Retail sf: 35,590 sf

    23

    Gables Point PlazaRetail sf: 8,646 sf

    25

    Gables Station # of Residential Units: 553

    # of Hotel Rooms: 160Retail sf: 86,176 sf

    24Gables Ponce III # of Residential Units: 204

    Retail sf: 12,246 sf

    26

    405 South DixieRetail sf: 11,005 sf

    27

    OfizzinaOffice sf: 97,650 sf 2

    2020 Salzedo# of Residential Units: 214

    Office sf: 48,000 sf

    10

    FUTURE DEVELOPMENTS

  • Donna AboodPrincipal, Managing Director - Miami [email protected]

    Joe AboodSenior Associate [email protected]

    Myles StepnerAssociate [email protected]

    David F. Spillers, SIORVice President [email protected]

    THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES BELIEVED RELIABLE; HOWEVER, AVISON YOUNG MAKES NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO THE COMPLETENESS OR ACCURACY THEREOF. THE PRESENTATION OF THIS PROPERTY IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, OR CONDITIONS, PRIOR TO SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE.