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PNC Bank - Miami FL 15701 SW 152nd St 5,439 SF Retail Building Miami, FL 33187 $3,294,000 ($605.63/SF) 4.25% Cap Rate
Investment Highlights
- Brand New 10-Year Lease | Scheduled Rental Increases | Options to Extend | Strong Brand
- Near Signalized, Hard Corner Intersection | Dense Retail Corridor | Part of Corsica Square Shopping Center | Miami Executive Airport
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-mile Trade Area | Six-Figure Incomes
Executive Summary
• The tenant just recently signed a brand new 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging inflation
• PNC Financial Services Group (PNC) entered 2026 as one of the strongest performers in the U.S. banking sector and with its FirstBank acquisition on January 5, 2026, the bank has significantly expanded its footprint, particularly in growth markets like Texas, California, and Florida
• The lease features 10% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging inflation
• PNC Financial Services Group (PNC) entered 2026 as one of the strongest performers in the U.S. banking sector and with its FirstBank acquisition on January 5, 2026, the bank has significantly expanded its footprint, particularly in growth markets like Texas, California, and Florida
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
5,439 SF
Building Class
B
Year Built
2026
Price
$3,294,000
Price Per SF
$605.63
Cap Rate
4.25%
NOI
$140,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.63 AC
Parking
30 Spaces (5.52 Spaces per 1,000 SF Leased)
Frontage
173’ on SW 152nd St
Amenities
- Dedicated Turn Lane
- Drive Thru
Property Taxes
| Parcel Number | 30-5920-000-0021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,914,084 |
Property Taxes
Parcel Number
30-5920-000-0021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,914,084
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PNC Bank - Miami FL | 15701 SW 152nd St
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