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Property summary
This exceptional Class A retail property presents a compelling investment opportunity. Located at 8868 SW 40th St, Miami, FL 33165, in the Bird Road Corridor Urban Area District, this single-story, 4,339 square foot building sits on an 18,750 square foot lot. The property is subject to an absolute NNN lease with Curaleaf, a TSX-listed company with approximately $1.3 billion in 2023 revenue. The lease commenced October 23, 2024, and has a remaining term of 9.9 years, expiring October 22, 2034.… The lease includes two five-year renewal options and features a 10% rent increase every five years. The property boasts a strong net operating income (NOI) of $310,000, resulting in an attractive 6.75% cap rate. The asking price is $4,592,592. The building underwent renovations in 2024. This is a fee simple ownership opportunity with significant long-term potential. The property's APN is 30-4021-000-0171. This is a rare chance to acquire a high-quality, net-leased property anchored by a financially stable, nationally recognized tenant in a prime Miami location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,216 SF
- Lot area
- 0.43 ac
- Year built
- 1958
- Stories
- 1
- APN
- 30-4021-000-0171
- Zoning
- 6062
- Assessed value · 2023
- $1,783,381
- Annual tax · 2023
- $30,480
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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