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100 NW 12th Ave
Miami, FL 33128
Truist Bank · Retail Property For Sale
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Approximately 7.25 Years Remaining
- Excellent Future Redevelopment Potential | The Property is Zoned T6-8 and T6-12 Which Allows for Vertical
- This Branch has Strong Deposits of Roughly $73M
- Covered Land Play With Significant Cash Flow
- In 2016, the Tenant Executed its Renewal Option Early and Extended the Term of the Lease
- Located Just Outside Downtown Miami and Less Than Four Miles from The Port Miami | Largest Passenger Port in the World
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
10,401 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.61 AC
Zoning
T6-8 and T6-12 - Allows for Vertical Development up to 8 and 12 Floors
Parking
40 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
194’ on NW NW 12th Ave Ave
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 01-4102-005-9240 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $8,252,200 |
Property Taxes
Parcel Number
01-4102-005-9240
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,252,200
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