Freestanding Walgreens with
For Sale
Contact for pricing
13698 SW 8th St, Miami, FL 33184
Absolute net leased freestanding Walgreens with drive-thru pharmacy on a hard signalized corner along SW 8th Street.
Property Size17,471 SF
Lot Size2.45 Acres
Days on Market98
Property Features for 13698 SW 8th St
General Information
Standard status
Active
Size
17,471 SF
Lot size
2.45 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
120,000 vehicles/day
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Marcus & Millichap - Issenberg Britti Group
(786) 522-7017
Listed By:
Gabriel Britti · License #FL SL3211804
Source:
Crexi
Added: Apr 24
Changed: Jul 21
Last Checked: Jul 23 at 1:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Issenberg Britti Group
Investment Insights
Based on property information with market context.
This freestanding Walgreens is located on a hard signalized corner and includes a drive-thru pharmacy. Originally constructed in 2000, the property sits on a 2.45-acre parcel and is leased as an absolute NNN ground lease.
The asset is secured by a new 15-year corporately guaranteed lease that commenced February 23, 2023 and runs through February 28, 2038. Rent increases are scheduled at 5% every five years, and the lease includes twelve (12) five-year renewal options. The offering is structured for zero landlord responsibilities.
The site benefits from exposure along Southwest 8th Street (Tamiami Trail), described as one of Miami’s most heavily traveled corridors, with visibility to over 120,000 vehicles per day.
The asset is secured by a new 15-year corporately guaranteed lease that commenced February 23, 2023 and runs through February 28, 2038. Rent increases are scheduled at 5% every five years, and the lease includes twelve (12) five-year renewal options. The offering is structured for zero landlord responsibilities.
The site benefits from exposure along Southwest 8th Street (Tamiami Trail), described as one of Miami’s most heavily traveled corridors, with visibility to over 120,000 vehicles per day.
Key Highlights
- Absolute net leased freestanding Walgreens with a drive‑thru pharmacy on SW 8th Street (Tamiami Trail)
- Hard signalized corner location with exposure to 120,000+ vehicles per day
- 17,471 SF Walgreens on a 2.45‑acre parcel
Property Analytics
Current Use
Lease Details
120,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33184, FL
20,913
Population
6,773
Households
3.1
Avg Household Size
47
Median Age
33%
College-Educated
75%
High-School Grad
2.5 sq mi
ZIP Area
8,365
Density / Sq Mi
$77,443
Median Household Income
$36,361
Median Earnings
$1,926
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute net leased freestanding Walgreens with drive-thru pharmacy on a hard signalized corner along SW 8th Street.
Where is this drug store located?
The property is located at 13698 SW 8th St Miami, FL.
What are key features of this property?
This property features: Absolute net leased freestanding Walgreens with a drive‑thru pharmacy on SW 8th Street (Tamiami Trail); Hard signalized corner location with exposure to 120,000+ vehicles per day; 17,471 SF Walgreens on a 2.45‑acre parcel