TD Bank – Miami, FL – Ground Lease
14995 SW 88th Street
LIST PRICE: $6,470,588
CAP RATE: 4.25%
- Investment grade tenant; one of the 10 largest banks in the U.S., with approximately 1,300 locations
- Miami’s metro area is the eighth most populous and fourth-largest urban area in the U.S., with around 5.5 million people
- Located adjacent to Target and near other major retailers including Publix, Wal Mart & Home Depot
- 53,500+ cars ADT and nearly 354K people, with an average household income of $74K+, within five miles
- 25 year lease with rent increases and options to extend; zero landlord responsibilities
- Florida has NO STATE INCOME TAX
- There are no features available
$6,470,588
2,961 sf
Price: | $6,470,588 |
Cap Rate: | 4.25% |
Building Size: | 2,961 sf |
SF Land Area: | 1.0 acre |
Current NOI: | $275,000 |
Lease Type: | Ground Lease |
Remaining Term: | Thirteen (13) Years |
Status: | Active |
CONTACT BROKER
Michael Zimmerman
