Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A


Year Built 2007
Building Area
Occupancy 100.0 %

Property Description

Plaza San Remo is an 180,000 SF mixed-use development with seven stories of office condominiums above 59,694 SF of ground floor retail including a 52,748 SF Whole Foods. Located on a prominent, high-exposure corner off Red Road, and just one block south of US1

Investment Highlights

  • Jones Lang LaSalle is pleased to exclusively offer for sale the retail condominium interest in Plaza San Remo (the “Property”), a fully
  • leased, 59,694 SF Whole Foods-anchored center in the heart of Coral Gables. Plaza San Remo is part of a seven-story trophy mixed-use
  • asset that also features medical office space, as well as a 739-space structured parking garage. Strategically situated at the
  • heavily trafficked intersection of US1 and SW 57th Avenue (138,000 VPD), Plaza San Remo is surrounded by a dense and wealthy
  • direct consumer base totaling 111,533 residents with an average +$135,000 HHI within 3 miles. The Property benefits from its unique
  • location at the crossroads of the City of Coral Gables and the City of South Miami which provides incredible surrounding demand
  • drivers including +1.8 million square feet of office within a half-mile, the University of Miami with 33,000 students and faculty, the 467-
  • bed South Miami Hospital as well as its proximity to the South Miami Metrorail Station.
  • On top of the outstanding demand drivers, the area surrounding Plaza San Remo is underserved by “destination grocers” as the
  • Property is one of only two South Florida Whole Foods Markets south of Downtown Miami. The ideal combination of demand drivers
  • and location lead the Whole Foods at Plaza San Remo to be one of the top performing stores in all of Florida. Plaza San Remo offers
  • investors the unique opportunity to acquire an urban grocery-anchored retail property featuring the top South Florida Whole Foods
  • Market in the most recognizable residential community in Miami.
Eric Williams
Eric Williams
Director, Capital Markets
License details
Mason Elizondo

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