280 – 290 Alhambra Circle
Coral Gables (Miami), FL 33134

Alhambra Circle

Offering Summary
Price $7,250,000 Cap Rate 6.22%
NOI $451,309 Square Feet 10,069 SF
Lot Size 10,287 SF Year Built 2022
Lease Type NNN Lease Exp 2025-2028

Investment Highlights

  • Single-Story Historical Landmark Designated Building
  • Located in the Heart of Coral Gables’ Financial Business District
  • Hard Corner, Signalized Intersection
  • Pacific Dental has a 12.5% Rental Increase on 07/01/23 and
    Sameday Health & Getir Leases Both Provide Annual Rent Increases
  • Roof Recently Cleaned, Recoated, & Sealed (occurred after
    photography)
  • Over 530,000 Residents in the 5-Mile Radius
  • Average Household Income Exceeds $107,000 (1-Mile Radius)

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com