6601 Dixie HwyMiami, FL 33143
- Retail properties
- 3,335 SF
Property Details for 6601 Dixie Hwy
- Year built
- 2018
- Construction
- CONCRETE
- Lot size
- 0.60 AC
- Property size (Sq ft)
- 3,335 SF
- Zone code
- 6111:DKUC EDGE SUB DIST
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 30-4036-000-0810
- APU
- 3040360000810
Description
This exceptional investment opportunity presents a 2,960-square-foot Class B retail property located at 6601 S Dixie Hwy, Miami, Florida 33143, in Miami-Dade County. The property is currently 100% occupied by a TD Bank branch under a triple-net (NNN) lease with a corporate guarantee. The lease commenced January 23, 2012, and has a remaining term of approximately 7.2 years, expiring January 23, 2032. The lease includes four 5-year renewal options. Built in 2018, this single-unit building offers a secure, long-term investment with rent bumps of 10% every five years. The property is situated in a high-demand location within a thriving area, surrounded by established national tenants and new residential developments. The asking price for this core investment is $10,217,777. This is a rare opportunity to acquire a stable, income-producing asset with a highly creditworthy tenant in a prime Miami location. The property's strong tenant and favorable lease terms make it an attractive investment for those seeking long-term stability and appreciation potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,391,078
- 6.5%
- $3,130,226
- 7%
- $2,906,638
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,642,160
- Geo Method
- $2,642,160
-
Alternative Use
- Use
- Valuation
- Residential
- $2,640,462
- Hospitality
- $2,418,649
- Educational
- $2,012,288
- Medical
- $2,081,494
- Retail
- $3,130,226
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.6946
- Longitude
- -80.3007
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].