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Hotel For Sale • 19,000 SF
| Legacy Pride-Of-Ownership Walgreens in Highly Desirable Miami Beach |
| Walgreens Flagship Store | Top Performing Store in Southeast |
| Ground Floor of Ritz Carlton, South Beach | Undergoing Top-to-Bottom Class-A Renovation |
| Walgreens Paying Well Below Market Rents | $189 Per Square Foot |
| Absolute Net Lease | Over 21 Years Remaining on the Initial Lease |
| Rare 10 Percent Increases Every 10 Years | Ten Five-Year Options |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Bistro One Lr | ||
| Femme Coiffure | 5,000 SF | |
| Passion Swimwear | 2,500 SF | |
| The Ritz-Carlton, South Beach | 180,000 SF | |
| Walgreen's | 19,000 SF | 5/31/2040 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 13 min | - | 5.9 mi |
| Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 14 min | - | 6.2 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 31 min | - | 15.2 mi |
| Fort Lauderdale/Hollywood International | 41 min | - | 27.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
