HIGHLIGHTS
- Absolute NNN lease features ±13.5 years of term remaining with 5% rent increases every 5 years throughout the term and in the four, 5-year options.
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises. No landlord responsibilities.
- An affluent average household income of $123,789 in 3-mile trade area.
- More than 442,000 residents and 197,000 employees support the trade area, providing a direct consumer base from which to draw.
- The asset is located at the signalized, hard corner intersection of SW 112th Ave. and SW 88th St. with a combined 96,300 VPD.
OVERVIEW
FOR SALE DETAILS
PRICE
$6,000,000 USD
PRICE/SF
$537 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens Miami
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.74 AC
LAND SF
32,226 SF
ZONING
BU-1A
APN/PARCEL ID
30-5006-020-0020
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404-504-7900
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