9711 SW 77th Ave - Freestanding FOR SALE


Miami, FL 33156- Downtown Kendall
$3,228,348 USD
973-294-8249
9711 SW 77th Ave, Miami, FL for Sale
$3,228,348 USD
Freestanding - FOR SALE
1/6
null | 7.75% Cap Rate

9711 SW 77th Ave
Miami, FL 33156
Downtown Kendall


HIGHLIGHTS

  • ATTRACTIVE RENT INCREASES
  • PRIME RETAIL LOCATION
  • STRONG CORPORATE GUARANTEE
  • LOCAL GROWTH & DEVELOPMENT

OVERVIEW

Marketing description Vero Capital Group is pleased to present the exclusive sale of a fee-simple corporate-guaranteed, single-tenant NNN property occupied by MÜV Dispensary. With over five years remaining on the initial lease term through April 2032 and 3% annual rent increases built into the lease throughout the base term and all option periods, this investment delivers predictable, growing income with a clear long-term runway. Located at the intersection of SW 77th Avenue and the Palmetto Expressway in Miami's affluent Kendall/Pinecrest submarket, this MÜV dispensary sits within one of South Florida's most productive retail corridors. The site benefits from over 198,000 combined vehicles per day at the immediate interchange and draws from a dense, high-income consumer base of more than 285,000 residents within five miles — including the Pinecrest community, which ranks among the top 20 wealthiest municipalities in the United States. Anchored to the north by Dadeland Mall and Dadeland Station, and flanked by top-performing grocers, national retailers, and a 948-bed regional hospital, the trade area generates consistent, high-volume foot traffic that supports strong dispensary performance year-round.

FOR SALE DETAILS

PRICE

$3,228,348 USD

PRICE/SF

$927 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,400 SF

ZONING

BU-1

APN/PARCEL ID

30-5002-034-0020

ASK ABOUT THIS PROPERTY

Michael TalbertVero Capital GroupMore Info
973-294-8249

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Michael TalbertVero Capital GroupMore Info
973-294-8249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.