Walgreens

3595 Coral Way, Miami, FL
Deal Type:
Net Lease
Price:
$15,561,222
Cap Rate:
4.50%
Current Rent:
$700,255
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 15 years
Renewal Options:
12, 5-Year
Building Sq. Ft.:
16,825 SF
Rent Increases:
5% Every 5 Years, including options
Site Size:
1.66 Acres
  • walgreens stream capital partners
  • walgreens stream capital partners
  • walgreens stream capital partners

Investment Highlights

  • Trophy Florida Walgreens
  • Tax Free State
  • Phenomenal Sales Volume ($11M in reported sales)
  • Newly executed 15-year lease
  • 5% increases every 5 years throughout primary term and options
  • Core Coral Gables Location
  • Dense infill area (263,153 people in a 3-mile radius)

Listing Agents

dean copans stream capital partners

Dean Copans

Managing Director
650 465 3993
Dean@stream-cp.com

Bradley Sowell

Senior Vice President
936 320 9083

Bradley@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Jonathan Wolfe, Lic. #BK350717

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