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CVS - Miami Gardens, FL

3700 NW 199th Street| Miami Gardens, FL 33055

Current Real Estate Advisors is pleased to present an exceptional investment opportunity to acquire CVS – Miami Gardens (the “Property”), a ±15,114 SF freestanding, single-tenant asset strategically positioned on a 67,724 SF (1.55-acre) parcel in the core of the Miami MSA. Leased to CVS Pharmacy (NYSE: CVS) – the leading pharmacy brand in the U.S. – the Property offers the security of an Absolute NNN lease with no landlord responsibilities. Approximately 5.75 years remain on the initial lease term, complemented by 10, 5-year renewal options, ensuring long-term stability.

 

The property is a build-to-suit location for CVS, constructed in 2006, with strong historical tenancy and exceptional performance at this location.

 

Situated just 1 mile from Hard Rock Stadium, the Property benefits from close proximity to one of South Florida’s largest economic drivers – host to the NFL, NCAA Football, ATP Miami Open, Formula 1, and FIFA World Cup (2026), as well as dozens of concerts and other events, bringing 4.5+ Million annual visitors to the area.

 

CVS – Miami Gardens is a unique offering for investors seeking reliable, steady cash flow from a publicly traded, industry-leading tenant. Supported by prime real estate fundamentals, this investment delivers security today, as well as opportunity for future redevelopment, which offers substantial upside potential for a range of highvalue uses in the years ahead.

$6,090,000

6.05% Cap

±5.75 Years

Absolute NNN

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