TD Bank - Target Outparcel - Strong Deposits
10% Rent Increase in 2028 - 50,000 VPD
Investment highlights
Prime Location NNN Ground Leased TD Bank w/ No Maintenance: Absolute NNN TD Bank Located at the Highly Trafficked Signalized Intersection of Hammocks Boulevard and SW 88th Street with Over 50,000 Vehicles Passing Daily in Miami, Miami-Dade County, FL
Outparcel to Top Performing Florida Target Store: Outparcel to Target Ranking in the Top Five Percent of all Targets Throughout the State of Florida with TD Bank Foot Traffic Also Ranking in the Top 28 Percent of All TD Banks in FL (Placer.ai)
Proven Location with Strong Reported Deposits: Per the Federal Deposit Insurance Corporation, Bank Deposits Currently Stand in Excess of $102 Million Representing Material Growth of Five Percent Over 2023 and Ten Percent Over 2024
Elite Retail Synergies Adding Long Term Security: Surrounded by a Host of the Nation’s Most Successful Retailers Including Walmart, Home Depot, Ross Dress for Less, McDonald’s, Wendy’s, Lowe’s, Longhorn, and CVS/pharmacy, Among Many Others
Rent Increase in 2028 Provides Immediate Rent Upside: Rent Will Increase by Ten Percent in 2028 Providing Investors with Enhanced Return on Investment in Just Two Short Years Elevating the Asset’s Cap Rate Closer to Six Percent
Highly Secure Lease Guaranteed by TD Bank: One of the Most Secure Leases in the NNN Market Guaranteed by TD Bank, with Over 1,100 Bank Branches Nationwide and an S&P Credit Rating of AA-
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