11190 SW 88th St | Miami, FL 33176
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- LoopNet Team
11190 SW 88th St
Miami, FL 33176
Walgreens Miami · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease features ±13.5 years of term remaining with 5% rent increases every 5 years throughout the term and in the twelve, 5-year options.
- An affluent average household income of $123,789 in 3-mile trade area.
- The asset is located at the signalized, hard corner intersection of SW 112th Ave. and SW 88th St. with a combined 96,300 VPD.
- Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises. No landlord responsibilities.
- More than 442,000 residents and 197,000 employees support the trade area, providing a direct consumer base from which to draw.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,176 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.74 AC
Zoning
BU-1A - Business Districts
Parking
40 Spaces (3.58 Spaces per 1,000 SF Leased)
Frontage
101’ on 88th St
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 30-5006-020-0020 | Improvements Assessment | $2,453,200 |
| Land Assessment | $1,546,800 | Total Assessment | $4,000,000 |
PROPERTY TAXES
Parcel Number
30-5006-020-0020
Land Assessment
$1,546,800
Improvements Assessment
$2,453,200
Total Assessment
$4,000,000
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