07/31/2026
𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 · 𝟯𝟴𝟬𝟬 𝗦𝗪 𝟴𝘁𝗵 𝗦𝘁𝗿𝗲𝗲𝘁 𝗖𝗼𝗿𝗮𝗹 𝗚𝗮𝗯𝗹𝗲𝘀, 𝗙𝗟 𝗛𝗮𝗿𝗱-𝗖𝗼𝗿𝗻𝗲𝗿 𝗥𝗲𝘁𝗮𝗶𝗹 𝗼𝗻 𝗖𝗮𝗹𝗹𝗲 𝗢𝗰𝗵𝗼 (𝗨𝗦-𝟰𝟭) · 𝗛𝗼𝗺𝗲 𝗼𝗳 𝗖𝗮𝗳𝗳𝗲 𝗜𝘁𝗮𝗹𝗶𝗮 · 𝟯,𝟮𝟱𝟵 𝗦𝗙 𝗼𝗻 𝗮 𝟲,𝟬𝟬𝟬 𝗦𝗙 𝗰𝗼𝗿𝗻𝗲𝗿 𝗹𝗼𝘁.
𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗗𝗲𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻
3800 SW 8th Street is a freestanding, income-producing corner retail building commanding the signalized intersection of SW 8th Street (Calle Ocho) and Galiano Street — the gateway to Coral Gables on one of South Florida's highest-traffic commercial corridors.
Built in 1945 and meticulously maintained, the 3,259 SF building sits on a 6,000 SF corner lot with wrap-around frontage, prominent signage on two streets, dedicated parking, and all-day pedestrian and vehicle exposure. It is home to Caffe Italia, an established Italian restaurant on a triple-net (NNN) lease in place through July 2027 — worry-free income today, and a near-term opening to mark rent to market, re-tenant, or take occupancy as an owner-user.
Minutes from Miracle Mile, Little Havana, Brickell, and Miami International Airport, at the gateway to Coral Gables. The market has already spoken on this block: the building next door (3808 SW 8th St) sold in May 2026 at $765 per square foot.
𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀
🔹Signalized Coral Gables Corner
Dual frontage on SW 8th Street and Galiano Street — a primary arterial carrying roughly 34,500 vehicles per day —within the City of Coral Gables.
🔹Absolute-Net (NNN) Income
The tenant pays all real estate taxes, insurance and repairs — including roof and glass. The landlord receives base rent essentially net of operating expenses.
🔹Turnkey Restaurant
An established Italian restaurant in place — full commercial kitchen, hood, walk-in cooler and walk-in freezer, dining rooms and a serious wine cellar — supporting continued operation or owner-user occupancy.
🔹Below-Market Rent 2027 Reset
In-place rent of ±$22/SF sits well below Coral Gables market. The lease expires July 2027, resetting to market —a ~$42/SF reset lifts the yield toward 5.5%.
🔹Minutes to Miracle Mile & Brickell
Minutes to Miracle Mile and the newly built Agave Plaza —and the same SW 8th Street corridor runs straight through to Brickell and Downtown Miami.
🔹Fee-Simple, Free & Clear
Offered fee simple — a clean, net-leased corner asset a buyer can hold for durable Coral Gables income with a defined path to a market rent-reset.
🌐 https://3800sw8thst.com/