Single-Tenant NNN Retail
8868 SW 40th St Miami, FL 33165
For Sale
Contact for pricing
Pending
Brand-new corporate-guaranteed 10-year lease with scheduled increases for an absolute NNN, fee-simple retail building.
Days on Market105
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: Jul 23 at 12:02AM
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
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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)
