Gulnara Zholdasbay Leases Retail Space At 1701 Ponce De Leon Blvd In Coral Gables
1701 Ponce De Leon Boulevard
$61
$61/SF
Building Size
1,500 SF
Asset Type
Retail
Closing
Apr 30, 2026
AI
The retail asset involved in this lease transaction is located at 1701 Ponce De Leon Boulevard in Coral Gables. The property spans a total of 1,500 square feet and has an asking rent of $61 per square foot. The lease is structured as a NNN Lease with a term of 7 years.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $61/ft
- Lease Term: 7 years
- Address: 1701 Ponce De Leon Boulevard
- Market: Coral Gables
- Landlord: Alejandro Villamizar
- Tenant: Gulnara Zholdasbay
- Landlord's Rep: Manny Chamizo III & Brandon Abate - One Sotheby’s International Realty
- Lease Type: NNN Lease
This transaction welcomed Sylvan Learning Center to the Coral Gables location. The effort and contributions from all parties involved were appreciated, successfully culminating in this deal.
Players
Coral Gables Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
260049.18%
Cash-on-Cash
-74322.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93