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Property profile & analytics
OFF-MARKET
Banks

14395 Dixie Hwy Palmetto Bay, FL 33176-7225

3,389 SF 0.71 ac lot Built 2018
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-0297676
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2018
Construction CONCRETE
Total area 3,389 SF
Lot 0.71 ac (31,014 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 33-5021-003-0010
UPID US18-0297676
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tropic Oil Company LLC · 4 yrs held
Tropic Oil Company LLC
since 2022
4 recorded transactions
2022
$3.0M
2016
$9.1M
2004
$2.8M
2004
$1.6M
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Palmetto Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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