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CVS • Miami, FL       

  • Long-term Lease with CVS Corporate Guaranty!
  • 10% Rent Increases!
  • High Traffic Corner Location!

Location:

2599 SW 147th Ave.

Miami, FL 33185

 

Investment Highlights:

Price:

$2,108,000

Cap Rate:

6.50%

Annual Rent:

$137,000 

Rent Increases:

10% year 11 and 10% each 5 yrs thereafter 

Lease Commencement:

1-1-2005 

Lease Expiration:

1-31-2027 

Lease Type:

NNN Ground Lease 

Landlord Responsibilities:

None 

Options:

Five 5-Year 

Lease Guaranty:

CVS CORPORATION 

Store Built:

2005 

 

Store Photo:


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