Absolute NNN Walgreens
For Sale
Contact for pricing
Pending
400 Hialeah Dr, Hialeah, FL 33010
Fee-simple ownership includes a Walgreens store and adjacent T-Mobile space under an absolute NNN lease structure.
Property SizeContact for details
Days on Market145
Property Features for 400 Hialeah Dr
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Tampa
Listed By:
Patrick Nutt · License #BK3120739
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Sep 1 at 8:06PM
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 commercial property includes the land and building occupied by Walgreens, along with an adjacent T-Mobile space that shares a common wall with the store. The asset is leased on an absolute NNN basis, with tenants responsible for their pro-rata share of expenses and no landlord responsibilities described.
Walgreens has 4.5 years remaining on its initial lease term and holds 8 options of 5 years each. T-Mobile has 5 years remaining on its initial term. The property is located at 400 Hialeah Drive in Hialeah, Florida, within the Miami MSA.
Walgreens has 4.5 years remaining on its initial lease term and holds 8 options of 5 years each. T-Mobile has 5 years remaining on its initial term. The property is located at 400 Hialeah Drive in Hialeah, Florida, within the Miami MSA.
Key Highlights
- Absolute NNN lease structure with no landlord responsibilities described
- Walgreens lease has 4.5 years remaining and 8 options of 5 years each
- T‑Mobile lease has 5 years remaining on its initial term
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,972
Businesses Nearby
231k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 27%
Groceries 24%
Electronics 1%
Publix
Groceries
55,324 visits/mo
0.3 miles
Chevron
Shops & Services
31,684 visits/mo
0.5 miles
McDonald's
Dining
29,110 visits/mo
0.0 miles
Dollar Tree
Shops & Services
23,030 visits/mo
0.4 miles
Exxon
Shops & Services
22,253 visits/mo
0.4 miles
Demographics for 33010, FL
43,902
Population
16,456
Households
2.7
Avg Household Size
48
Median Age
20%
College-Educated
71%
High-School Grad
4.3 sq mi
ZIP Area
10,210
Density / Sq Mi
$45,449
Median Household Income
$30,466
Median Earnings
$1,318
Median Rent
$346,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple ownership includes a Walgreens store and adjacent T-Mobile space under an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 400 Hialeah Dr Hialeah, FL.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord responsibilities described; Walgreens lease has 4.5 years remaining and 8 options of 5 years each; T‑Mobile lease has 5 years remaining on its initial term
