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31513389
31513390

12391 W Sunrise Blvd, Plantation, FL 33323

MC
FL 3437781, FL SL3437781 (+1)
Compass Florida LLC
Listed by Compass Florida LLC
$7,000,000
64 days on market
Updated 14 days ago

TD BANK - 12391 W Sunrise Blvd, Plantation, FL 33323

Details
APN 49-40-25-2B-0013
Property Type Retail
Sub Type Bank
Square Footage 5,632
Net Rentable (SqFt) 2,547
Cap Rate 5.21%
NOI $364,815
Occupancy 100%
Tenancy Single
Brand/Tenant TD Bank
Lease Type Absolute NNN
Lease Expiration 10/30/2035
Remaining Term 9.4
Rent Bumps Yes
Lease Options Four 5 Year Options
Price per SqFt $1,243
Broker Co-Op Yes
Class A
Acreage 1.110
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease Yes

TD BANK - 12391 W Sunrise Blvd Sunrise, FL 33323

Marketing description

Exceptional Single-Tenant Investment Opportunity in Prime South Florida

Presenting a rare opportunity to acquire a modern, LEED Gold Certified TD Bank branch on a prime signalized hard corner in Sunrise, Florida. This absolute NNN ground lease investment offers a hands-off, long-term income stream backed by one of North America’s strongest financial institutions.

Investment Highlights

  • Absolute NNN Ground Lease – True triple-net structure with zero landlord responsibilities for maintenance, taxes, insurance, or CAM.
  • Strong Credit Tenant – TD Bank, S&P rated AA-, a globally recognized leader in banking with exceptional financial stability.
  • Modern 2017 Construction – High-quality build with 5,632 SF building on 1.11 acres.
  • Remaining Lease Term – Approximately 9.5 years left on the current base term, followed by four (4) five-year renewal options.
  • Built-in Rent Growth10% rent increases every 5 years upon each option exercise.
  • LEED Gold Certified – Awarded by the U.S. Green Building Council in 2018, showcasing superior sustainability and energy efficiency.
  • High-Traffic Hard Corner – 231’ of frontage on W Sunrise Blvd with traffic counts exceeding 21,000 vehicles per day and signalized access.

Property Details

  • Address: 12391 W Sunrise Blvd, Sunrise, FL 33323
  • Building Size: 5,632 SF | Lot Size: 1.11 Acres
  • Year Built: 2017 | Building Class: B
  • Zoning: B-2L (Retail)
  • Tenancy: 100% Single-Tenant (TD Bank)
  • Parking: Ample surface parking with dedicated handicap spaces

Location & Market

Located in the heart of the dynamic Miami–Fort Lauderdale–West Palm Beach MSA, this property benefits from strong population growth, high household incomes, and robust commercial demand. The site offers excellent visibility and accessibility, making it a standout retail banking location in one of the strongest markets in the United States.

This is a low-risk, institutional-quality investment ideal for 1031 exchange buyers and investors seeking stable, credit-backed cash flow with built-in rent escalations and multiple extension options.

Serious inquiries only. Contact listing broker for full offering memorandum, rent roll, and lease documents.

Investment highlights

Absolute NNN Ground Lease – True hands-off investment with zero landlord responsibilities for taxes, insurance, maintenance, or CAM.

Investment-Grade Credit Tenant – TD Bank (S&P: AA-), one of the strongest and most reliable financial institutions in North America.

9.5 Years Remaining on the primary lease term with four (4) additional 5-year renewal options.

10% Rent Increases every five years upon option exercise – built-in rental growth.

LEED Gold Certified – Awarded in 2018 by the U.S. Green Building Council for outstanding sustainability and energy efficiency.

Modern 2017 Construction – High-quality 5,632 SF bank building on 1.11 acres.

Prime Signalized Hard Corner – 231 ft of frontage on W Sunrise Blvd with traffic counts exceeding 21,000 VPD.

Booming South Florida Market – Strategically located in the high-growth Miami–Fort Lauderdale–West Palm Beach MSA.

Listing Contacts

MC
FL 3437781, FL SL3437781 (+1)
Compass Florida LLC
Listed by Compass Florida LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$364,815.00
$30,401.25/mo

Valuation Metrics

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DSCR
5.21%
Cap Rate
5.21%
ROI

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Additional Information

Name
Matthew Cronin
License
3437781
Brokerage Phone
5614629378
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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