USD 1,493,755

301 Altara Ave CU10
Coral Gables, Florida 33146

Beds
Baths 0

Property Description

A rare opportunity to acquire prime Class A retail space on the ground floor of Merrick Manor in Coral Gables offering a 9.3% CAP RATE. The 1,669-square-foot space at the luxury mixed-use building is located just steps away from the world-class Shops at Merrick Park. It was delivered fully built out and move-in ready. A long-term lease was recently finalized for the space, so a buyer would benefit from both monthly income and future upside as Coral Gables continues to grow. Merrick Manor has 227 high-end residences and 20,000 square feet of ground-floor commercial space, including the building’s Health and Beauty Corridor featuring Anaïs Nails & Spa, Body Details, Elegance Beauty Salon, Sweat 440 and Trésor.

Listed by One Sotheby's International Realty

Property Details

ID #
A11139664
Status
Sale
Type
Commercial, Industrial
Zip Code
33146
Occupancy
Call Listing Agent
Road Type
Four Lane
Utilities
Internet
Zoning Information
6400

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