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1701 Ponce De Leon Boulevard

Gulnara Zholdasbay Leases Retail Space At 1701 Ponce De Leon Blvd In Coral Gables
LEASEDRetail

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

Manny Chamizo III

Sotheby's International Realty

Broker

$199.1M

vol

30 deals

Broker

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