101 Hialeah Dr
Hialeah, FL 33010
CVS · Retail Property For Sale

The absolute net lease has 15 years remaining on the base term with four, 5-year options. There are rare $.50-per-square-foot increases every five years during the base and option terms. The tenant was been in this location since 2002. This property is a CVS Pharmacy y más, a new concept which offers expanded services including biligual signage and staff and a broad assortment of popular Hispanic brands. The tenant reports high store sales, which have trended to increase annually. Please contact listing agent for details. This is a desirable, 24-hour location with drive-thru that has full visibility from Hialeah Drive with traffic counts of 20,100 vehicles-per-day. There are two points of access from Hialeah Drive, two points of access from East 1st Avenue and an additional point along East 2nd Street, making the property convenient to traffic from roadways directly to the to the north, east and south. It is one block off of Okeechobee Road, one of the main arteries through the Western Miami-Dade County, with traffic counts of 42,295 vehicles-per-day. The area surrounding CVS is dense and infill with more than 33,000 people within a one-mile radius increasing to well over half a million at five miles. The daytime population exceeds the residential population with 41,000 people within one mile increasing to over 718,840 in a five-mile radius.