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Retail

Shoppes of Coral Way

Miami, FL

48,993 SqFt

Built in 1995

Core Plus

Investment Highlights

  • Anchor Tenants Office Depot and CVS are into their Option Periods with Limited Options Remaining and Well-Below Market Rents for this Corner Location and Submarket
  • Extremely Strong Health Ratio for CVS Pharmacy of 2% Rent to Sales
  • Annual Rent Increases and Below Market Anchor Tenant Rents Result in Strong Compound Average Growth Rate Projected at 3%

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