Description
Avison Young is pleased to offer for sale of 6601 Red Road, also known as SoMi Gateway. SoMi Gateway is a standalone restaurant with drive-thru totaling ± 4,000 square feet master leased to 3 Chefs and a Chicken.
Highlights
Premium real estate on US Highway 1, Miami’s primary commuter thoroughfare, with an annual average traffic count of 81,000.
Proximity to the Shops at Sunset Place, University of Miami, off-campus housing, and the Coral Gables MetroRail station.
Existing retail inventory of 1.6M sf within a quarter-mile of the Property provides a draw for the restaurant.
Density of 1,350 occupied multifamily units and over 1.7M sf of occupied office space within a half-mile of the Property provide tremendous density for the restaurant.
Passive income from elite local operator with 20-year NNN lease and rent escalations of 3% set to outpace inflation.
Coral Gables/South Miami corridor experiencing revitalization with planned redevelopments such as the Shops at Sunset Place (plans include 440K sf retail, 32K sf office, 40 condos, 414 apartment units, and a hotel) and South Miami Town Square (plans include 301 residential units, 24K sf market, and 23K sf retail).
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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
What is the building size of this Retail property in Miami, FL?
The size of the building/unit at 6601 Red Road Miami FL 33143 USA in Miami is 4,000 square feet
What is the population within 1 mile of 6601 Red Road Miami FL 33143 USA in Miami?
The population within 1 mile of 6601 Red Road Miami FL 33143 USA Miami, FL 33143 is 15,462 people.
Who do I contact for questions about 6601 Red Road Miami FL 33143 USA?
You should contact the listing agent,
Brian De La Fe, for any details regarding this commercial listing.
