premier location on restaurant row...premier location on restaurant row 120 giralda avenue provides...

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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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Page 1: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 2: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 3: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 4: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold
Page 5: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 6: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 7: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 8: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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

Page 9: PREMIER LOCATION ON RESTAURANT ROW...PREMIER LOCATION ON RESTAURANT ROW 120 Giralda Avenue provides a unique marketing ... Bangkok Bangkok 4. Pokebao 5. Vicolo Restaurant 6. Threefold

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.