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1428-1438 Alton Rd
Miami Beach, FL 33139

$15,000,000 USD

Freestanding For Sale  •  7,344 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,344 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1940
  • Tenancy Single
  • Zoning CD-2
50 Transit Score
95 Walk Score

Highlights

Rare Miami Beach Medical Marijuana Dispensary
Building Completely Renovated by the Tenant Showing Strong Commitment to the Location
NNN Lease With 5% Annual Increases-Hedging Against Inflation
Oversized Corner Lot With Plenty of Parking and Future Development Potential
High Barrier of Entry Market and Cannabis Dispensary Use-Location Has Intrinsic Value as All Sites on Miami Beach are Taken
250 Ft Linear Feet of Frontage on Alton Road and 14th Court

Public Transportation

Commuter RailDriveWalkDistance
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 11 min - 5.3 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)) 12 min - 5.6 mi
AirportDriveWalkDistance
Miami International 29 min - 15.5 mi
Fort Lauderdale/Hollywood International 40 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Scott Sandelin 786-522-7009 The Sandelin Group
Scott Sandelin 786-522-7009 The Sandelin Group