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.