Overview
- Price:
- $ 10,185,000 ~16
- CAP Rate:
- 5.40%
- Years Guaranteed:
- ~16
- NOI:
- $550,000
Investment Highlights
MIAMI, FL WALGREENS
- True NNN lease with ~16 years guaranteed rent
- Strong reported sales volumes
- Extremely dense, urban infill with 37,045 residents within one mile
- 31,050 cars per day at intersection
- Neighboring retailers include: Publix Super Market, Dollar Tree, Taco Bell, T-Mobile, Planet Fitness, Valsan, SUBWAY, MetroPCS, Marathon Gas, etc.
- Florida has no state income tax
- Walgreens corporate credit guarantees the rent
Address: 15705 SW 72nd Street
City: Miami
State/County: Florida
Zip: 33193
Country: United States
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