CVS Investment Opportunity in Kendall | 5% Cap Rate

For Sale

13199 SW 112th St, Miami, FL 33186

This Miami property for sale is located at 13199 SW 112th St. The current listed sale price for CVS Investment Opportunity in Kendall | 5% Cap Rate is $8,400,000. CVS Investment Opportunity in Kendall | 5% Cap Rate is situated on a lot that is 1.05 acre in size.

Contacts

broker

Christopher Twist

broker

Billy Weiser

Property Details

  • Property Type Retail
  • Lot Size 1.05 Acre
  • Additional Rent Contact for pricing
  • Date Updated Oct 29, 2024

Colliers and the Twist Capital Team are pleased to exclusively present for sale this absolute NNN CVS located at 13199 SW 112th Street in Miami, FL. This property represents generational real estate, offering a rare opportunity to invest in a prime, irreplaceable South Florida location. Situated on a 1.05-acre parcel, the 13,295 SQFT free-standing building features a drive-thru and is strategically positioned at a hard signalized intersection of 112th Street and SW 134th Avenue, with additional access on SW 112th St. As an outparcel in the Publix-anchored The Crossings shopping center, it benefits from a strong consumer base and foot traffic. The CVS, with its modern façade and new construction, commenced an absolute NNN lease in December 2022, featuring a 25-year initial term and a corporate guarantee from CVS Health (S&P: BBB). Positioned in the West Kendall submarket, this CVS serves thousands of households in the immediate area. CVS Health Corporation (NYSE: CVS) is ranked 6th on the Fortune 500 list as of 2024, reflecting its strong financial performance with a revenue of $357.77 billion in 2023, a 10.9% increase from the previous year. This generational real estate in an irreplaceable dominant South Florida location offers a secure and lucrative investment opportunity.

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Attachments

Getting around

  • 59/100

    Walk Score ®

  • 32/100

    Transit Score ®

  • 60/100

    Bike Score ®

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Location

  • City Miami, FL
  • Neighborhood The Crossings
  • Zip Code 33186
  • Market Miami

Points of Interest

  • Mobil

    0.01 miles

  • Exxon

    0.65 miles

  • Costco Gasoline

    0.71 miles

  • Wawa

    0.74 miles

  • Sunflex

    0.78 miles

  • Chevron

    0.86 miles

  • Shell

    1.22 miles

  • Shell

    1.30 miles

  • Chevron

    1.51 miles

  • Chevron

    1.56 miles

  • Parking Lot 2

    2.00 miles

  • Parking Lot 5

    2.03 miles

  • Parking Lot 3

    2.03 miles

  • Parking Facility (L)

    2.11 miles

  • Parking Lot 1

    2.12 miles

  • Parking Lot 13

    2.32 miles

  • Parking Lot 10

    2.34 miles

  • Parking Lot 12

    2.38 miles

  • Parking Lot 9

    2.38 miles

  • Parking Lot 11

    2.42 miles

  • McDonald's

    0.06 miles

  • Chicken Kitchen

    0.10 miles

  • The Chinise Restaurant

    0.11 miles

  • Wendy's

    0.50 miles

  • Dunkin'

    0.51 miles

  • Taco Bell

    0.53 miles

  • Burger King

    0.59 miles

  • All Star Pizza

    0.60 miles

  • Subway

    0.61 miles

  • Meking II

    0.61 miles

  • Publix

    0.10 miles

  • Publix

    0.67 miles

  • Ross

    0.74 miles

  • ALDI

    0.79 miles

  • TJ Maxx

    0.84 miles

  • TJ Max

    0.87 miles

  • Publix

    1.43 miles

  • Sprouts Farmers Market

    1.52 miles

  • Shoppes at 104

    1.61 miles

  • Publix

    1.62 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact CVS Investment Opportunity in Kendall | 5% Cap Rate