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13698 SW 8th St
Miami, FL 33184 Outer Westchester/Tamiami

$9,621,818 USD

Drugstore For Sale  •  17,471 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 17,471 SF
  • Lot Size 2.45 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning BU-2, 6200
25 Transit Score
76 Walk Score

Highlights

Walgreens Corporate Guarantee | Absolute NNN Lease | Zero Landlord Responsibilities
New 15-Year Lease with Rental Increases in Base Term & Option Periods
Rent Bump Occurring in 2028 | Return Increases to 5.77%
Average Household Income Exceeds $102,000 in a One Mile Radius
Hard Signalized Corner Location | Exceptional Visibility and Access to Over 120,000 Vehicles Per Day
Prime Miami Location | Positioned Along SW 8th Street (Tamiami Trail), One of the Area’s Most Heavily Traveled Retail Corridors

Property Flyers

Cap Rate: 5.50 %

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Miami International 21 min - 11.2 mi
Fort Lauderdale/Hollywood International 46 min - 35.4 mi
Ronnie Issenberg 786-522-7013 Marcus & Millichap
Ronnie Issenberg 786-522-7013 Marcus & Millichap