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Banco de Brasil 17900 Biscayne Blvd 3,496 SF Retail Building Aventura, FL 33160 $8,197,714 CAD ($2,344.88 CAD/SF) 4.52% Cap Rate
Investment Highlights
- IRREPLACEABLE BISCAYNE BOULEVARD LOCATION
- AFFLUENT & INTERNATIONALLY DRIVEN MARKET
- PREMIER RETAIL & COMMERCIAL CORRIDOR
Executive Summary
PRIME LOCATION ON BISCAYNE BOULEVARD
Leased to Banco do Brasil Americas, a long- standing occupant at this Biscayne Boulevard location for over 10 years, serving a strong international banking clientele.
ANNUAL RENT GROWTH
Standalone structure providing strong tenant identity, visibility, and branding presence.
PREMIER SOUTH FLORIDA MARKET
Contractual 2% annual rent escalations throughout the primary lease term and all renewal option periods.
FREESTANDING BUILDING
Strategically positioned on one of South Florida’s most important commercial corridors, featuring approximately 80 feet of direct frontage and offering exceptional visibility and exposure.
SINGLE-TENANT BANK INVESTMENT
Positioned within an affluent submarket supported by strong demographics and sustained international investment demand.
Leased to Banco do Brasil Americas, a long- standing occupant at this Biscayne Boulevard location for over 10 years, serving a strong international banking clientele.
ANNUAL RENT GROWTH
Standalone structure providing strong tenant identity, visibility, and branding presence.
PREMIER SOUTH FLORIDA MARKET
Contractual 2% annual rent escalations throughout the primary lease term and all renewal option periods.
FREESTANDING BUILDING
Strategically positioned on one of South Florida’s most important commercial corridors, featuring approximately 80 feet of direct frontage and offering exceptional visibility and exposure.
SINGLE-TENANT BANK INVESTMENT
Positioned within an affluent submarket supported by strong demographics and sustained international investment demand.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,496 SF
Building Class
C
Year Built/Renovated
1930/2017
Price
$8,197,714 CAD
Price Per SF
$2,344.88 CAD
Cap Rate
4.52%
NOI
$370,739 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.20 AC
Zoning
B-2, Aventura - B2 Commercial General
Parking
14 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
80’ on Biscayne Blvd
Amenities
- Banking
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 28-2209-000-0060 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,605,342 CAD |
Property Taxes
Parcel Number
28-2209-000-0060
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,605,342 CAD
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Banco de Brasil | 17900 Biscayne Blvd
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