

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