698 NE 167th St - Drug Store FOR SALE
Miami, FL 33162 |
698 NE 167th St
Miami, FL 33162
HIGHLIGHTS
- Absolute NNN Lease | Recent 10.75-Year Extension at Tenant's Request | Corporate Guarantee | 10% Rent Increases Every 5 Years
- Substantial Tenant Improvement | All Renovations At Tenant's Own Cost & Expense | Excellent Intrinsic Value | High Barrier to Entry Sub-Market
- High Traffic Area | 57,500+ VPD | One of Only Three Direct Access Thoroughfares to North Miami Beaches
- 1 Mile to Golden Glades Interchange – 550,000+ VPD, $908 Million Expansion Project
- Infill Location | 199,000+ Residents | $108,000+ Avg HH Income | Strong Daytime Population
- Within 3 Miles of Three Major Mixed-Used Developments | $4.6 Billion Currently Under Development
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
House of Platinum Cannabis
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront, Health Club
TOTAL BUILDING SIZE
5255
STORIES
1
YEAR BUILT
1956
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
30-2218-003-0010
