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Freestanding Walgreens with Drive-Thru
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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
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.

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

Walgreens Photo (Bike/Boat/Book/etc) Store Coinhub Bitcoin ATM ... Atm COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema FedEx OnSite Postal Service

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Parking Lot & Garage Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Similar Off Market Nearby

  • WR Pharmacy Services — 14244 SW 8th St, Miami, FL 33184
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  • Rhoyal Spa — 13701 SW 14th St, Miami, FL 33184
  • Raw Dog Nutrition — 14554 SW 8th Terrace, Miami, FL 33184
  • Florida Discount Nutrition Superstore — 14144 SW 8th St, Miami, FL 33184

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
(786) 522-7017 Call to check price and availability
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