For Sale
$959,000

Pizzeria Coconut Grv Miami, FL 33133

Profitable Restaurant, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A retail property, a fully operational pizzeria in the vibrant Coconut Grove neighborhood of Miami, Florida, presents a unique owner-user investment opportunity. Located at [Address Redacted], zip code 33133, this 1,000 square foot establishment boasts a prime location and is currently operating at 100% occupancy. The business, established in 2002, underwent a complete renovation in 2024, resulting in a modern and fully equipped space. All new equipment, furniture, and fixtures are included in the sale price of $959,000. The property operates under a Triple Net (NNN) lease with a single tenancy, commencing June 28th, 2024, and expiring June 27th, 2030, with two 5-year renewal options, providing a substantial remaining lease term of 14 years. The pizzeria reopened in June 2023, after its extensive remodel, ensuring a seamless transition for the new owner. This turnkey operation offers immediate revenue generation and significant long-term potential in a high-demand area. The sale includes everything needed to continue successful operations. This is an exceptional opportunity to acquire a thriving business in a desirable location with a long-term lease. The property is situated in Miami-Dade County, Florida.

Property Details for 0 Pizzeria Coconut Grv

Property type
Retail properties, Restaurants
Square Feet
1,000 SF
Class
A
Year Renovated
2024

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7307897
Longitude
-80.2377078

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Turnkey Operation
Where is the retail property located?
The property is located at Pizzeria Coconut Grv Miami, FL.
What is the asking price?
The asking price for this property is $959,000.
How can I contact the broker?
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