1208 SW 8th St
Miami, FL 33135
Little Havana
HIGHLIGHTS
- The lease is corporate guaranteed by TD Bank
- TD Bank NA is investment grade (S&P: A-) with over 1,100 branches nationwide and $3.6billion in reported earning
- TD Bank signed a 25-year lease in 2012 which expires in 2037, and has (4) five-year options
- 10% escalations every 5 years with the next taking place in July 2027
- Zero landlord responsibilities
- Traffic light intersection at SW 8th Street & SW 12th Avenue with an AADT of +/- 37,300
FOR SALE DETAILS
PRICE
$8,470,000 USD
PRICE/SF
$2,921 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TD Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
6100
APN/PARCEL ID
01-4111-013-0010
ASK ABOUT THIS PROPERTY
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727-452-6864
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727-452-6864
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