www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32437272
32437273

6601 South Dixie Highway, Miami, FL 33143

RE
FL SL-3402581
Marcus & Millichap
Listed by Marcus & Millichap
$9,196,000
26 days on market
Updated 4 days ago

TD Bank | Trophy Location | Miami, FL | Abs. NNN

Details
APN 3040360000810
Property Type Retail
Sub Type Bank, Storefront
Square Footage 2,960
Units 1
Cap Rate 5.00%
NOI $459,800
Tenancy Single
Brand/Tenant TD Bank
Lease Type Absolute NNN
Lease Term 19.9
Lease Expiration 08/31/2033
Remaining Term 7.2
Rent Bumps Yes
Lease Options Four 5-Year Options
Year Built 2018
Stories 1
Acreage 0.600
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 10/01/2013
Ground Lease No

Abs. NNN Ground Lease | Trophy Location on U.S-1 | Hard Corner Signalized Intersection

Marketing description

Marcus & Millichap is pleased to exclusively present for sale this absolute net-leased TD Bank

located at 6601 S Dixie Highway in Miami, Florida. Positioned along the highly trafficked U.S.

Highway 1 corridor, the property benefits from excellent visibility, exceptional access, and is

located just minutes from Downtown Miami. The subject property features a 3,500-square foot

freestanding building with multiple drive-thru lanes and is situated on a 0.60-acre parcel with

ample dedicated parking.

Strategically located at the hard signalized intersection of SW 67th Street and U.S. Highway 1,

the property enjoys strong exposure to over 88,569 vehicles per day along one of the region’s

most vital commercial corridors. U.S. 1 runs the length of the state and is characterized by a

diverse mix of national and regional retailers, robust consumer traffic, and proximity to a dense

collection of residential neighborhoods.

The TD Bank is situated within a dense and affluent market, with over 100,000 full-time

residents within a three-mile radius and an average household income exceeding $150,000. It

also sits in one of Miami-Dade’s most dynamic and high-performing retail corridors. Just steps

away is the Dadeland North Metrorail Station, which serves more than 1.5 million riders annually

and enhances both pedestrian and commuter traffic. The property is also directly adjacent to

Dadeland Station, a prominent power center anchored by Best Buy, Target, Michaels, and other

national retailers, positioning the asset within a well-established and heavily visited retail

destination. Less than a mile south lies Dadeland Mall, one of South Florida’s premier regional

malls with over 1.4 million square feet of retail space and millions of annual visitors.

The surrounding area is densely developed with a strong mix of residential and commercial uses.

Notable nearby multifamily communities include The Palmer Dadeland, AMLI Joya, AMLI

Dadeland, Colonnade at Dadeland, Granada Dadeland, and others—collectively delivering more

than 2,000 residential units within walking distance. The site is also in close proximity to South

Miami Hospital, a full-service Baptist Health facility with over 230 beds. Additionally, the

property offers convenient access to multiple major highway systems, including the Palmetto

Expressway (SR 826), U.S. Highway 1 (South Dixie Highway), and Snapper Creek Expressway (SR

878), providing outstanding regional connectivity. The area will also benefit from the planned

redevelopment of Sunset Place into a large-scale, mixeduse project featuring residential, hotel,

and retail components. This confluence of density, national tenancy, transit and highway access,

and future development makes the South Dixie/US-1 corridor one of the most resilient and

desirable retail submarkets in South Florida.

TD Bank entered into a brand-new 20-year absolute net ground lease in 2013, with the initial

term extending through October 31, 2033. The lease includes four five-year renewal options and

features 10% rental increases every five years throughout the base and option periods. The lease

is structured as an absolute NNN ground lease with zero landlord responsibilities and is

corporately guaranteed by TD Bank, one of the largest financial institutions in North America.

Investment highlights

  • Corporate Guarantee | “AA-” Credit Rating by S&P
  • Absolute NNN Lease | Zero Landlord Responsibility
  • Very Strong Deposits | Exceeding $189,000,000 Annually
  • Hard Corner Signalized Intersection with Great Visibility | 88,569 VPD
  • Within One of Miami Dade’s Most Dynamic & High-Performing Retail Corridors
  • Strategically Located Along US Highway 1 | Major Statewide Thoroughfare
  • Steps Away from Dadeland Station | Prominent Power Center Anchored by Best Buy, Target, Michaels, and more
  • Proximity to South Miami Hospital | Full-Service Baptist Health Facility w/ 230+ Beds
  • Dense and Affluent Market | AAHI Exceeds $150,000 in 3-Mile Radius
  • Near Dadeland Mall | One of South Florida's Premier Regional Malls - 1.4M SF of Retail & Millions of Annual Visitors
  • Steps Away from Dadeland North Metrorail Station | 1.5+ Million Riders Annually
  • Proximity to Plethora of Residential Communities | 2K Units Within Walking Distance
  • Located Minutes from Downtown Miami

Listing Contacts

RE
FL SL-3402581
Marcus & Millichap
Listed by Marcus & Millichap

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$459,800.00
$38,316.67/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591