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Off Market
1/18

3750 NW 87th Ave
Doral, FL 33178


HIGHLIGHTS

  • 3750 NW 87th Avenue features an absolute triple net ground lease (NNN) offering zero landlord responsibility and 47,530 square feet of land.
  • Opportunity to enhance an investment portfolio with CVS Pharmacy, a nationally credited tenant that generated $292 billion in revenue in 2021.
  • The original ground lease term is 25 years with four five-year options and includes rent increases every five years starting in the first option.
  • Situated on the signalized corner of NW 87th Avenue and NW 36th St, each seeing over 36,000 and 41,000 vehicles pass by daily.
  • Centrally located in the heart of Doral with convenient access to the Palmetto Expressway and the Dolphin Expressway, leading to Miami in 30 minutes.
  • Steps to Doral Square Shopping Mall, CityPlace Doral Shopping Mall, and Trump National Hotel and minutes to Miami International Airport.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Rare Absolute NNN Ground Lease CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

14900

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

69

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

35-3028-010-0040