Miami Freestanding TD Bank
For Sale
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6601 South Dixie Highway, Miami, FL 33143
Absolute net-leased TD Bank with multiple drive-thru lanes.
Property Size2,960 SF
Lot Size0.60 Acres
Price / SF$3,106
Days on Market114
Property Features for 6601 South Dixie Highway
General Information
Standard status
Active
Size
2,960 SF
Lot size
0.60 Acres
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$459,800
Building Details
Year Built
2018
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap
(786) 522-7054
Listed By:
Ricardo Esteves · License #FL SL-3402581
Source:
Crexi
Added: May 10
Changed: Aug 17
Last Checked: Aug 29 at 8:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
This absolute net-leased TD Bank is located at 6601 S Dixie Highway in Miami, Florida. The property is positioned along the highly trafficked U.S. Highway 1 corridor, benefiting from visibility and access, and is located minutes from Downtown Miami. The property features a 3,500-square foot freestanding building with multiple drive-thru lanes and is situated on a 0.60-acre parcel with dedicated parking. Located at the signalized intersection of SW 67th Street and U.S. Highway 1, the property has exposure to over 88,569 vehicles per day. The TD Bank is situated within a dense market, with over 100,000 full-time residents within a three-mile radius and an average household income exceeding $150,000. It sits in one of Miami-Dade’s retail corridors and is steps away from the Dadeland North Metrorail Station, which serves more than 1.5 million riders annually. The property is directly adjacent to Dadeland Station, a power center anchored by Best Buy, Target, and Michaels. Less than a mile south lies Dadeland Mall, with over 1.4 million square feet of retail space. The surrounding area is developed with residential and commercial uses. Nearby multifamily communities include The Palmer Dadeland, AMLI Joya, AMLI Dadeland, Colonnade at Dadeland, and Granada Dadeland, collectively delivering more than 2,000 residential units within walking distance. The site is in close proximity to South Miami Hospital, a full-service Baptist Health facility with over 230 beds. The property offers access to the Palmetto Expressway (SR 826), U.S. Highway 1 (South Dixie Highway), and Snapper Creek Expressway (SR 878). The area will benefit from the planned redevelopment of Sunset Place into a mixed-use project featuring residential, hotel, and retail components. TD Bank entered into a 20-year absolute net ground lease in 2013, with the initial term extending through October 31, 2033. The lease includes four five-year renewal options and features 10% rental increases every five years throughout the base and option periods. The lease is structured as an absolute NNN ground lease with zero landlord responsibilities and is corporately guaranteed by TD Bank.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities, corporately guaranteed by TD Bank.
- New 20‑year lease established in 2013, extending through October 2033, with four 5‑year renewal options and 10% rental increases every five years.
- Located on heavily trafficked U.S. Highway 1 with 88,569 vehicles per day, offering excellent visibility and access.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,289
Businesses Nearby
Explore this area
Business Placement
Demographics for 33143, FL
34,853
Population
15,374
Households
2.3
Avg Household Size
41
Median Age
60%
College-Educated
94%
High-School Grad
7.8 sq mi
ZIP Area
4,468
Density / Sq Mi
$80,924
Median Household Income
$52,864
Median Earnings
$1,823
Median Rent
$768,900
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
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Frequently Asked Questions
What type of property is this?
Bank - Absolute net-leased TD Bank with multiple drive-thru lanes.
Where is this bank located?
The property is located at 6601 South Dixie Highway Miami, FL.
What is the asking price?
The asking price for this property is $9,196,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities, corporately guaranteed by TD Bank.; New 20‑year lease established in 2013, extending through October 2033, with four 5‑year renewal options and 10% rental increases every five years.; Located on heavily trafficked U.S. Highway 1 with 88,569 vehicles per day, offering excellent visibility and access.
