1190 NE 163rd St | North Miami Beach, FL 33162
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- LoopNet Team
1190 NE 163rd St
North Miami Beach, FL 33162
TD Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Credit Tenant “AA-” Rating by S&P
- Over 16 Years Remaining of Primary Lease Term | 10 Percent Rental Bump in 2022
- Across From “Mall at 163rd St” – Anchor Tenants Including Marshalls, Home Depot, Ross and Walmart
- Triple-Net Ground Lease – Zero Landlord Responsibility
- Hard Corner Signalized Intersection – 68,000+ Vehicles Per Day
- Strong Deposits of $82.9M (June 2020)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,676 SF
Building Class
B
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.95 AC
Zoning
B-2
Parking
30 Spaces
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 07-2217-029-0010 | Improvements Assessment | $2,759,828 |
| Land Assessment | $5,718,486 | Total Assessment | $8,478,314 |
PROPERTY TAXES
Parcel Number
07-2217-029-0010
Land Assessment
$5,718,486
Improvements Assessment
$2,759,828
Total Assessment
$8,478,314
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