Single-Tenant NNN Retail
For Sale
Contact for pricing
Pending
8868 SW 40th St, Miami, FL 33165
Brand-new corporate-guaranteed 10-year lease with scheduled increases for an absolute NNN, fee-simple retail building.
Property SizeContact for details
Days on Market116
Property Features for 8868 SW 40th St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
William Wamble · License #SL3257920
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 3 at 1:31PM
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 SRS Real Estate Partners Tampa
Investment Insights
Based on property information with market context.
This fee-simple retail property is offered on an absolute NNN basis, with the tenant self-maintaining the premises, insuring the property, and paying all taxes directly to the taxing authority. The lease is corporate guaranteed by Curaleaf Holdings, Inc. and includes a brand-new 10-year term with two 5-year options to extend. Rental increases are scheduled at 10% every five years and at the beginning of each option period.
The property fronts SW 40th Street/Bird Road, described as a primary thoroughfare serving the Miami trade area, and is positioned next to the Gold Properties shopping center. That center is noted to include CVS, Baptist Health Urgent Care, dd’s Discounts, and Advance Auto Parts.
With significant street frontage and an absolute NNN structure with zero landlord responsibilities, the property is designed for straightforward ownership where the tenant covers ongoing premises and tax obligations.
The property fronts SW 40th Street/Bird Road, described as a primary thoroughfare serving the Miami trade area, and is positioned next to the Gold Properties shopping center. That center is noted to include CVS, Baptist Health Urgent Care, dd’s Discounts, and Advance Auto Parts.
With significant street frontage and an absolute NNN structure with zero landlord responsibilities, the property is designed for straightforward ownership where the tenant covers ongoing premises and tax obligations.
Key Highlights
- Brand new 10‑year lease with 2 (5‑year) options to extend
- Corporate‑guaranteed lease by Curaleaf Holdings, Inc.
- 10% rental increases every five years (beginning of each option period)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Explore this area
Business Placement
Demographics for 33165, FL
54,070
Population
17,813
Households
3
Avg Household Size
47
Median Age
28%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
7,209
Density / Sq Mi
$84,086
Median Household Income
$41,657
Median Earnings
$1,796
Median Rent
$476,100
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new corporate-guaranteed 10-year lease with scheduled increases for an absolute NNN, fee-simple retail building.
Where is this nnn property located?
The property is located at 8868 SW 40th St Miami, FL.
What are key features of this property?
This property features: Brand new 10‑year lease with 2 (5‑year) options to extend; Corporate‑guaranteed lease by Curaleaf Holdings, Inc.; 10% rental increases every five years (beginning of each option period)
