2495 NE 8th St
Homestead, FL 33033
TD Bank: Homestead, FL · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 3,964-square-foot freestanding TD Bank located on 1.11 acres in Homestead, Florida, which is part of the South Florida MSA (Population: 6.0 million+). Homestead is a rapidly growing community just 34 miles southwest of Downtown Miami. Built in 2011, TD Bank’s absolute NNN Ground Lease has ±12.5 years of primary term remaining with 12.5% rent increases every 5-years of the initial term. The site is an outparcel to the 390,666-square-foot Homestead Pavilion (Anchors: Kohl’s, Ross Dress For Less, T.J. Maxx, Bed Bath & Beyond, Michael’s) with other retailers including Petco, Rack Room Shoes, Mattress Firm, CATO, it’s fashion metro, Ulta Beauty, Dollar Tree, Planet Fitness, Olive Garden, Panera, Sonic and Longhorn Steakhouse, among many others. TD Bank is strategically located at a signalized intersection with excellent frontage on and visibility from Campbell Drive (Traffic Count: 29,500 VPD) just off of the exit ramp of Florida’s Turnpike (Traffic Count: 63,200 VPD) which provides regional access. The property is part of the area’s primary retail and commercial corridor with 5.1 MSF of retail, 1.1 MSF of office, 1.5 MSF of industrial and 10,684 multifamily units within a 3-mile radius. Additional nearby retailers include Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, Lowe’s Home Improvement, Walmart Neighborhood Market, Best Buy, Harbor Freight Tools, Publix, ALDI, Marshalls, Advance Auto Parts, Goodyear Auto Service Center, AutoZone, Dollar Tree, Chase Bank, Bank of America, Wells Fargo, Cracker Barrel, Texas Roadhouse and Krispy Kreme. Area demand drivers include the 142-bed Homestead Hospital and 5 surrounding hotels (less than 1 mile to the east), Homestead Air Reserve Base (2.5 miles to the east) and Homestead-Miami Speedway (3.6 miles to the northeast). The property serves an infill community with a population of 106,461, average household incomes of $57,048 and 15% growth projected through 2022 within a 3-mile radius.