10660 SW 40th St
Miami, FL 33165

Newly Constructed 25-Year Ground Lease Located at Signalized Hard Corner in Dense Retail Trade Area in Miami The subject property is strategically located at the signalized hard corner intersection of SW 40th Street and 107th Avenue, which benefits from high traffic counts and excellent roadway visibility. The subject property is located within the thriving Miami-Fort Lauderdale-West Palm Beach MSA, which is the eighth largest metropolitan statistical area in the United States, and the second largest in the Southeastern U.S. Easily accessible from the Ronald Reagan Turnpike (a major north/ south corridor which runs parallel with Interstate 95 to the East), the subject property is situated amongst numerous free standing and multi-tenant retail properties on SW 40th Street, known locally as Bird Road. This CVS is a brand new facility, which includes a pharmacy drive-thru, very favorable lease terms to the Landlord including extension options with rent increases, and a corporate guaranty from CVS Health Corporation.