Coconut Grove,
Miami
3034 Grand Avenue is a premier retail building located in the heart of Coconut Grove, one of Miami’s most established and affluent submarkets. Known as the “Corner in the Grove”, the building sits at the primary intersection where Grand Avenue, McFarlane Road and Main Highway all converge, and it is surrounded by a strong blended co-tenancy of local and national users. L3 Capital purchased the building in 2016 while it was partially occupied and in a state of deterioration. L3 executed an extensive gut redevelopment that included extending the building’s footprint to the property line to create a continuous, uninterrupted shopping experience, a reconfiguration of the interior layouts to accommodate efficient retailer spaces, and construction of all new envelope, roof, MEP and life safety systems. The tenants include Brilliant Earth, Alice & Olivia, Malbon Golf, Santander Bank, Rowan, Salty Donut, Pura Vida, and NY Pizza.
