JOIN CALA-MILLOR PASTELERIA FROM MADRID UNDER RENOVATION - FOR LEASE

RARE CORAL GABLES RETAIL+/-1,110 - 8,699 SF

RETAIL // RESTAURANT // BAR MIAMI, FL

HISTORIC ALLENS DRUGS 4000 sw 57th avenue.

HISTORIC ALLENS DRUGS BUILDING // CORAL GABLES

• Approx.. +/- 1,110 – 8,699 SF spaces• Tenants in proximity: CVS, Walgreens, Milam’s Market, Wells Fargo, Ace Hardware, KFC • Previously retail/restaurants (vanilla shell), with 51 metered spaces abutting the site• Signalized corner of SW 57th Avenue & SW 40th Street• 2020 Ave Household Income: $137,819 (1-mile radius) • 54,632 Vehicles Per Day • Zoning: Retail, Office, Bar & Restaurant Use

WELCOME TO THE HISTORIC GATEWAY BUILDING BETWEEN SOUTH MIAMI AND CORAL GABLES

BGRS is pleased to offer an exclusive leasing opportunity for this retail upgrade of the Historic Allen’s Drugs building on the border of the highly affluent Coral Gables, and South Miami sub-markets. The approx.15,000 SF retail building will include a 5,000 SF Cala-Millor Pasteleria, a famous restaurant/bakery from Madrid, as well as vanilla shell spaces, with impact glass storefronts, and new awnings. The building is located on the hard corner of Red Road (SW 57th Avenue) and Bird Road (SW 40th Street)

Population 1 Mile 3 Mile 5 Mile2025 Estimated Population: 13,394 191,056 473,3532020 Estimated Population: 13,141 186,124 460,067

Pop Growth 2020-2025: 1.93% 2.65% 2.89%Pop Growth 2010-2020: .12% 4.65% 5.99%

Households2020 Total Households: 4,684 67,199 165,394

Growth 2020-2025: 1.64%% 2.10% 2.44%Average Household Inc: $137,819 $99,782 $84,680

LOCATIONHISTORIC ALLENS DRUGS BUILDING // CORAL GABLES

LOCATIONHISTORIC ALLENS DRUGS BUILDING // CORAL GABLES

PROPERTY DESCRIPTIONANCHOR TENANT - Cala-Millor Pasteleria Madrid

Our beginnings in Calle Fermín Caballero 70 were in the late seventies, exactly on September 8, 1978. Previously, we had been working for a long time on Calle Conde de Peñalver and Calle Santa Engracia, both in Madrid, also He had stayed for some time in Palma de Mallorca, specifically in Cala-Millor (hence his name). Likewise, he expanded his knowledge at the Professional Pastry School of Barcelona.

The professional and human team, made up of six people, headed by D. Natalio Pérez Jara and his wife Doña Concepción Nieto Vallejo. With the passage of time this team expands, to the point that it currently comprises seventeen professionals between production and sale, which today is managed by his daughter Carmen and his husband.

In 1995, another establishment was opened in Majadahonda (C / Las Norias, 23) with spaces dedicated to salty and sweet pastries, bakeries, chocolates and a tasting bar, the result of the expansion of the business following the same quality line, which since the year 2001 is run by her other daughter Concepción and her husband.

PROPERTY DESCRIPTIONANCHOR TENANT - Cala-Millor Pasteleria Madrid

PROPERTY DESCRIPTIONANCHOR TENANT - Cala-Millor Pasteleria Madrid

PROPERTY DESCRIPTIONGROUND FLOOR

PROPERTY DESCRIPTIONIN-LINE TENANT –SoFlo Implantology & Cosmetic Dentistry

Dr. Nhora Ortega

Dr. Ortega has been practicing dentistry for 20 years. She earned her dental degree from ColegioOdontologico Colombiano in 1991 and thereafter enrolled in the Doctorate program in Restorative Dentistry at the University of Florida After graduating from the University of Florida School of Dentistry in 2002, Dr. Ortega has practiced as a Restorative Dentist in Miami, Florida for 18 years. She has been a part of the American Dental Association and the Florida Dental Association. She dedicates herself to Restorative Dentistry for adults and children and recently she added Implantology to her practice to complement the growing edentulous population. She has also received a fellowship in implant dentistry education from the Dental Training Center in 2018 where she applies her L-PRF and Botox training as adjunctive therapy for patient rehabilitation. Her goal is to provide patients with excellent quality dentistry in a caring, friendly and relaxed environment. Because giving her patients a beautiful smile is her greatest motivation.

PROPERTY DESCRIPTIONGROUND FLOOR

Arnaldo Cantero lll1637 SW 8 Street Suite 200

Miami, FL 33135O (305) 396-8842M (305) 967-0557

E acantero@bg-rs.com