For Sale
Call for price

14395 Dixie HwyMiami, FL 33176

Prime Retail Bank, Long-Term Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 2,964 square foot, Class B retail property currently occupied by a TD Bank under a 20-year NNN lease. The lease commenced on May 31, 2016, and has a remaining term of approximately 11.5 years, expiring May 31, 2036. The property boasts a 100% occupancy rate with a corporate guarantee from an S&P:AA- credit-rated tenant, ensuring consistent income. Located at 14395 S Dixie Hwy in Palmetto Bay, Florida (33176), this strategically positioned asset benefits from its location in Miami-Dade County, within a thriving area characterized by strong national tenant presence and new residential developments. The lease includes rent bumps of 10% every five years, providing built-in growth potential. Built in 2018, this single-tenant property offers a secure, long-term investment with significant upside. The lease structure includes four five-year renewal options. This is a rare opportunity to acquire a high-quality, core investment in a desirable South Florida market. The property's strong tenant, long lease term, and favorable location make it an attractive investment for discerning buyers seeking stable, long-term returns.

Highlights

  • 2,964 SF retail property leased to TD Bank, a corporate guaranteed NNN lease.
  • Located at 14395 S Dixie Hwy, Palmetto Bay, FL 33176 in Miami-Dade County.
  • Core Class B asset with a 11.5-year remaining lease term expiring 05/31/2036.
  • 100% occupancy with 10% rent bumps every 5 years and four 5-year lease options.
  • Built in 2018.

Property Details for 14395 Dixie Hwy

Property type
Retail properties, Banks
Square Feet
2,964 SF
Class
B
Year Built
2018

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.6355859
Longitude
-80.3370205
14395 Dixie Hwy, Miami, Florida

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14395 Dixie Hwy
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