14395 Dixie Hwy, Palmetto Bay, FL 33176-7225
- Banks
- 3,389 SF
- 0.71 lot acres
Current Use by 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
Property Details for 14395 Dixie Hwy
- Year built
- 2018
- Construction
- CONCRETE
- Lot size
- 0.71 lot acres
- Zone code
- 6200:COMMERCIAL,ARTERIAL
- Property type
- Banks
- APN
- 33-5021-003-0010
- APU
- 3350210030010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 18, 2022 | $3,000,000 | Tropic Oil Company LLC | 144 West Dixie Service Station LLC | Special Warranty Deed | — |
| Nov 18, 2016 | $9,075,000 | Fiusa Kendall LLC | Falls Service Station LLC | Grant Deed | $5.3M · Sabadell United Bk NA |
| Oct 5, 2004 | $2,800,000 | Falls Service Station LLC | Rodgers,robinson JR | Warranty Deed | $2.1M · Transatlantic Bank |
| Oct 5, 2004 | $1,600,000 | Rodgers Robinson JR. | Chevron USA INC | Grant Deed | — |
Description
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.
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Location Insight
- Map
- Local Demand
- City
- Palmetto Bay
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.337
- Latitude
- 25.6366
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA