801 SW 27th Ave
Miami, FL 33135

The CBRE Net Lease Property Group is pleased to exclusively offer a 0.71 acre parcel occupied by a 4,740-square-foot freestanding Chase Bank in Miami, Florida (MSA Population: 6.0 Million), the most populous metropolitan area in Florida and the second largest in the southeastern United States. Chase Bank’s 20-year absolute NNN ground lease features ±13.5 years of primary term remaining and five 5-year options to renew. The lease includes attractive 10% rent increases every 5 years during the initial term and 3% increases in each of the renewal options. The property is ideally situated with excellent access and visibility at the signalized intersection of SW 27th Avenue (Traffic Count: 39,000 VPD) and SW 8th Street (Traffic Count: 34,000). Chase Bank is strategically located across from Miami Dade College’s Interamerican Campus, CVS and Lincoln-Marti Schools & Child Care. The property benefits from a substantial built-in customer base due to its proximate location less than 2 miles from Marlins Park (Capacity: 36,742), less than 4 miles from Downtown Miami and just 5 miles from Miami International Airport (Passengers: 44 Million+). The site boasts an advantageous location within Miami’s primary retail and commercial corridor which comprises 18.1 MSF of retail, 24.5 MSF of office, 18.3 MSF of industrial and 56,541 multifamily units within a 3-mile radius. Other major retailers within the immediate vicinity include Advance Auto Parts, Regions Bank, Pep Boys, Taco Bell, McDonald’s, Tire Kingdom, Safelite AutoGlass, Home Depot, Wells Fargo, AutoZone and Chevron, among several others. Additionally, Chase Bank benefits from core infill demographics with a population of 318,313 and an average household income of $61,147 within a 3-mile radius.