June 10, 2024 – Brad Canova and Kyle Danielson of Horvath & Tremblay have successfully completed the sale of a Former Walgreens in Miami Gardens, Florida. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $3,250,000.
The Former Walgreens is located at 690 NW 183rd Street in Miami Gardens, Florida. The Property was constructed in 2000 and is improved by a 13,905 square foot freestanding building on a large 1.57-acre corner parcel of land. The Property features a drive-thru and two points of access. The versatile Property offers a number of 2nd generation uses in a highly desirable commercial location. The Property is positioned at the signalized intersection of NW 7th Avenue and NW 183rd Street, one of the area’s primary commercial and commuter corridors and is seconds from US Route 441, and 1.5-miles from the junction of Interstate 95, the Florida Turnpike and SR 9. The Property is surrounded by national retailers that drive traffic to the area and densely populated residential neighborhoods that provide a built-in customer base.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.