06/23/2026
Reduced!
Turnkey Restaurant Sublease
Sublease Opportunity | Prime Restaurant Space in Coral Gables
๐1930 Ponce de Leon Blvd, Coral Gables, FL
Now with NO KEY MONEY and only extra deposits in place of guaranteeโ
Exceptional opportunity to take over a fully built-out restaurant in the heart of Coral Gables on highly trafficked Ponce de Leon Boulevard.
This 3,820 SF second generation space is strategically positioned in one of Miamiโs strongest dining corridors, surrounded by dense residential, office, and high-income demographics.
The restaurant features a complete sit down restaurant build-out including commercial kitchen infrastructure, hood system, two updated grease traps, dining area, bar area, and all necessary restaurant improvements.
The best feature the restaurant has is a dedicated delivery pickup area with smaller kitchen and refrigeration area with a separate area on Navarre st. Ideal for a modern delivery/ sit down hybrid restaurant concept where an operator can step into a move-in ready location without the time, cost, and permitting delays associated with a new build-out. Property is right next to the Coral Gables target.
๐Approximately 3 years left on the lease and includes a five year option. Rent is approximately $18k a month, including NNN expenses. $/SF is approximately $37.70 PSF + $20 PSF. Will require four deposits with the landlord plus five deposits with the tenant, as landlord will not release tenant from their personal guarantee. Subtenant will have NO PERSONAL GUARANTEE, only Good Guy guarantee ( give keys back).
Property Highlights
๐นยฑ3,820 SF fully built-out restaurant
๐นProminent frontage on Ponce de Leon Blvd
๐นEstablished restaurant infrastructure in place
๐นDedicated side entrance on Navarre for deliveries
๐น3 years remaining on current lease
๐น5-year renewal option available
๐นNo free rent or rent concessions as part of transfer
๐นTotal monthly rent: approximately $18,000/mo including NNN
๐น2 Updated grease traps, full kitchen
๐น4 COP full liquor license available separately
๐นNO PERSONAL GUARANTEE FOR TENANT