For Lease: Coral Gables Retail Plaza In North Ponce Neighborhood

Written by Lyssa Goldberg

October 8, 2020

ComReal | Miami – Coral Gables is pleased to present a newly renovated retail plaza available for lease in Coral Gables’ North Ponce neighborhood.

The Mid-Century Modern-designed plaza is located on North Ponce de Leon Boulevard between SW 8th Street and the bustling Coral Gables Central Business District. The 8,956-square-foot building sits on a 11,761-square-foot lot.

The North Ponce neighborhood blends its commercial business make-up of Class A and Mixed-Use office and retail buildings, restaurants, cafes, and boutiques with the community feel of multi-family and single-family residences, schools, churches, and more.

The plaza includes eight total retail bays – six of which have direct storefronts on Ponce de Leon Bouelvard and two on the Mendoza Avenue side street. Three are currently occupied, with five retail bays available for lease ranging from 1,008- to 1,577-square-feet per unit.

“This street-level plaza in the North Ponce corridor is well situated in the walkable North Ponce corridor of Coral Gables with retail spaces ideally sized for boutique shops, salons and more,” said ComReal’s John Lonardo. “Given the building’s recent renovation, the new tenant will also enjoy plenty of new features and upgrades.”

The building was renovated in December 2019, with property upgrades including a new roof, new HVAC systems, ADA compliant restrooms, impact resistant windows and doors, as well as new electrical panels and data drops.

Additionally, the plaza now offers illuminated signage connections above each of the storefronts, and a new fire alarm system connected to smoke detectors that will signal the Coral Gables Fire Department.

A Coral Gables Trolley stop is located directly in front of the plaza on the corner of Ponce and Mendoza, and the new urban-format Target Coral Gables store is also steps away at 1906 Ponce de Leon Boulevard.

For more information, contact John Lonardo, CCIM at JLonardo@comreal.com or Lisa Tenn at LTenn@comreal.com.

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