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- LoopNet Team
989 SE Federal Hwy
Stuart, FL 34994
TD Bank · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Banking
- Drive Thru
ABOUT 989 SE FEDERAL HWY , STUART, FL 34994
Attractive investment opportunity: This TD Bank property is a highly attractive fee-simple investment that allows for depreciation and is a relocation to a new prototype. TD Bank is a strong global tenant (S&P: AA-) with a growing network of bank branches in highly visible locations in both urban and suburban settings. This particular TD Bank branch has reported deposits of more than $140 million since 2016, an increase of nearly 40 percent since 2015. Prominent retail location: The Property sits at a prominent retail location along Southeast Federal Highway (40,000 ADT) adjacent to Wawa with multiple points of ingress/egress on Southeast Johnson Avenue and East Florida Street. The site is across from the Stuart Shopping Center and is near major national retailers like McDonald's, Burger King, Bank of America and Quality Inn. The lease features a strong tenant with a corporate guarantee, multiple options to renew, rent increases and no landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 09-38-41-007-000-00020-0 | Improvements Assessment | $613,590 |
| Land Assessment | $481,770 | Total Assessment | $1,095,360 |
PROPERTY TAXES
