ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

TD Bank – Plantation, FL – Ground Lease

12391 West Sunrise Boulevard
Sold

SOLD PRICE: $7,537,500
CAP RATE: 4.0%

  • Investment grade tenant; one of the 10 largest banks in the U.S., with approximately 1,300 locations
  • Trophy location adjacent to the largest outlet and value retail shopping in the U.S. — Sawgrass Mills and The Colonnade Outlets — an international destination with over 2.2 million square feet
  • New construction with prominent hard corner location
  • 75K+ cars ADT and over 225,000 people within 5 miles
  • 20 year lease with rent increases and options to extend; zero landlord responsibilities
  • Florida has NO STATE INCOME TAX
  • There are no features available

$7,537,500

2,500 square feet

Price:

$7,537,500

Cap Rate:

4.0%

Building Size:

2,500 square feet

SF Land Area:

0.99 acres

Current NOI:

$301,500

Lease Type:

Ground Lease

Remaining Term:

Twenty (20) Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

919-391-9900

Download Offering Memorandum
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