Post on 20-Jun-2020
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
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
Casa Antilla 44 Residential Units
3
1091 Galiano 26 Residential Units 1
FUTURE DEVELOPMENTS
1. 1091 Galiano 1091 Galiano Street
2. Antilla Grande Condos 20 Antilla Avenue
3. Casa Antilla 10-36 Antilla Avenue
4. Ofizzina 1200 Ponce de Leon Boulevard
5. Villas at Salamanca 120 Salamanca Avenue
6. 1405 Galiano 1405 Galiano Street
7. Casa Menores 108 Menores Avenue
8. 232 Zamora 232 Zamora Avenue
9. Villa Madeira 341 Madeira Avenue
10. 301 Majorca 301 Majorca Avenue
11. 2020 Salzedo 2020 Salzedo Avenue
12. Hollo-Alhambra 33 Alhambra Circle
13. Columbus Center Phase II 100 Alhambra Circle
14. Giralda Place 2222 Ponce de Leon Boulevard
15. Windsor Building 117 Aragon Avenue
16. SunTrust Bank 2501 Galiano Street
17. 210 Valencia 210 Valencia Avenue
18. Aloft Hotel 2524 LeJeune Road
19. Townhouse on Valencia 444 Valencia Avenue
20. Villa Valencia 501 Valencia Avenue
21. 625 Almeria 625 Almeria Avenue
22. 635 Almeria 635 Almeria Avenue
23. Biltmore Park Condominiums 718 Valencia Avenue
24. Biltmore Parc Homes 740 Valencia Avenue
25. Beatrice Row 744 Biltmore Way
26. Jimaca Condos 2800 S Douglas Road
27. The Plaza Coral Gables 3001 Ponce de Leon Boulevard
28. 625 Santander Ave 625 Santander Avenue
29. Anastasia Luxury Townhomes 427 Anastasia Avenue
30. Merrick Entrance 390 Bird Road
31. The Henry 4015 Laguna Street
32. The Collection Residences 4104 Aurora Street
33. Merrick Manor 301 Altara Avenue
34. Baptist Health 4231 LeJeune Road
35. Merrick Park Hotel 4241 Aurora Street
36. One Merrick Park 351 San Lorenzo Avenue
37. 4311 Ponce 4311 Ponce de Leon Boulevard
38. Gables Ponce III 366 Granello Avenue
39. Artefacto 97 S Dixie Highway
40. Gables Station 251 S Dixie Highway
41. Gables Pointe Plaza 280 S Dixie Highway
42. 405 South Dixie 405 S Dixie Highway
43. 135 Grand 135 Grand Avenue
Antilla Grande Condos 32 Residential Units
2Ofizzina 97,650 SF of Commercial Space 4
Villas at Salamanca8 Residential Units
5 1405 Galiano 4 Residential Units
6
Casa Menores 8 Residential Units
7Villa Madeira
11 Residential Units
9232 Zamora
11 Residential Units
8
301 Majorca11 Residential Units
10
2020 Salzedo214 Residential Units
48,000 SF of Commercial Space
11Hollo-Alhambra
189 Residential Units13,154 SF of Commercial Space
12
Columbus Center Phase II 200 Residential Units
5,460 SF of Commercial Space
13
Giralda Place 44 Residential Units
117,274 SF of Commercial Space14
Windsor Building3,013 SF of Commercial Space
15
SunTrust Bank 3,394 SF of Commercial Space
16
210 Valencia 8,180 SF of Commercial Space
17
23. Biltmore Park Condominiums
32 Residential Units
24. Biltmore Parc Homes 15 Residential Units
25. Beatrice Row9 Residential Units
252423 Jimaca Condos
12 Residential Units3,356 SF of Commercial Space
26
The Plaza at Coral Gables 229 Residential Units
184 Hotel Rooms314,000 SF of Office Space
324,400 SF of Commercial Space
27
29Anastasia Luxury Townhomes
7 Residential Units
Aloft Hotel 194,442 SF of
Commercial Space
18
19. Townhouse on Valencia
4 Residential Units
20. Villa Valencia103 Residential Units
2019
625 Santander Ave 10 Residential Units
28
32
The Collection Residences126 Residential Units
42,060 SF of Commercial Space30
Merrick Entrance85,230 SF of Commercial Space
31
The Henry123 Residential Units
13,725 SF of Commercial Space
33Merrick Manor
227 Residential Units19,000 SF of Commercial Space
35
Merrick Park Hotel135 Hotel Rooms
39Artefacto
38,134 SF of Commercial Space
374311 Ponce
8 Residential Units34Baptist Health
47,740 SF of Commercial Space36
One Merrick Park13 Residential Units
3,529 SF of Commercial Space
42405 South Dixie
11,005 SF of Commercial Space
43 135 Grand2,698 SF of Commercial Space
41
Gables Pointe Plaza8,646 SF of Commercial Space
40 Gables Station553 Residential Units
160 Hotel Rooms86,716 SF of Commercial Space
38Gables Ponce III
204 Residential Units12,246 SF of Commercial Space
PERMITTED APPROVED
21. 625 Almeria 4 Residential Units
22. 635 Almeria 5 Residential Units
2221
TOTAL RESIDENTIAL UNITS: 2,486
TOTAL COMMERCIAL SPACE:1,502,652 SF
TOTAL HOTEL ROOMS: 479
Donna AboodPrincipal, Managing Director - Miami 305.446.0011donna.abood@avisonyoung.com
Joe AboodSenior Associate 305.447.7878joe.abood@avisonyoung.com
Myles StepnerAssociate 305.447.7870myles.stepner@avisonyoung.com
David F. Spillers, SIORVice President 305.447.7856david.spillers@avisonyoung.com
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.