3750 NW 87th Ave
Doral, FL 33178
Rare Absolute NNN Ground Lease CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3750 NW 87th Avenue features an absolute triple net ground lease (NNN) offering zero landlord responsibility and 47,530 square feet of land.
- The original ground lease term is 25 years with four five-year options and includes rent increases every five years starting in the first option.
- Centrally located in the heart of Doral with convenient access to the Palmetto Expressway and the Dolphin Expressway, leading to Miami in 30 minutes.
- Opportunity to enhance an investment portfolio with CVS Pharmacy, a nationally credited tenant that generated $292 billion in revenue in 2021.
- Situated on the signalized corner of NW 87th Avenue and NW 36th St, each seeing over 36,000 and 41,000 vehicles pass by daily.
- Steps to Doral Square Shopping Mall, CityPlace Doral Shopping Mall, and Trump National Hotel and minutes to Miami International Airport.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,900 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
1.12 AC
Zoning
DMU - Downtown Mixed Use District
Parking
69 Spaces (4.63 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 35-3028-010-0040 | Improvements Assessment | $4,933,880 |
| Land Assessment | $1,916,120 | Total Assessment | $6,850,000 |
