Home » Properties » 12610 SW 120th St, Miami FL 33186

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Commercial Property at 12610 SW 120th St, Miami FL

NNN commercial property with a 20-year lease in Miami's South Kendall Square, anchored by Chase Bank since 2005.

$3,600,000

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MLS #A11639889

Listing Updated: 2026-07-17 00:41:28

Listed By: Canvas Real Estate

Overview

This commercial property located at 12610 SW 120th St in Miami offers a rare opportunity with a long-term NNN lease renewed for 20 years. Built in 2004, the building spans 4,280 sqft on an 8,540 sqft lot. Situated in a thriving Miami-Dade submarket, it benefits from a dense population of over 200,000 residents within three miles. Positioned within South Kendall Square shopping center alongside major tenants like Walgreens and Starbucks, this site has been occupied by Chase Bank since 2005, known for its high annual deposits. The property is ideal for buyers seeking stable commercial real estate in a growing area.

Property Highlights

NNN lease renewed for 20 years; 4,280 sqft building; 8,540 sqft lot; located in South Kendall Square; anchored by Chase Bank since 2005; high population density nearby.

Property Details

City: Miami

State: FL

Zip Code: 33186

Address: 12610 SW 120th St, Miami FL 33186

Year Built: 2006

Property Type: Commercial Sale

Property Sub Type: Special Purpose

Listing Office Name: Canvas Real Estate

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $19,996

Days On Market: 660 Days

Original Listing Description

This is a spectacular NNN property investment. The lease has been renewed for another 20 years.The building was built in 2004 and covers 4,280 sqft (lot 8,540 sqft) and is ideally located in the heart of a dense growing Miami-Dade submarket with over 200,000 people living within three miles of the subject property. This is a pad site within the South Kendall Square shopping center that is also anchored by Walgreens, Starbuck’s. The bank location has very high annual deposits. Chase Bank has Occupied the Site since 2005.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

12610 SW 120th St, Miami FL 33186

About This Neighborhood

Located in South Kendall Square, this property benefits from a vibrant commercial environment surrounded by established retailers such as Walgreens and Starbucks. The neighborhood is part of a densely populated Miami-Dade submarket with over 200,000 residents within three miles, providing a strong customer base. The area combines accessibility with a mix of retail and service businesses, making it a strategic location for commercial tenants and investors alike.

Walkability & Lifestyle

South Kendall Square offers a walkable environment with easy access to retail stores, dining options, and essential services. Residents and visitors benefit from nearby amenities including pharmacies, coffee shops, and grocery stores. The area’s layout supports daily convenience and encourages pedestrian activity within the shopping center and surrounding streets.

Things To Do Nearby

Nearby amenities include popular retail outlets, restaurants, and cafes within South Kendall Square. The location also provides convenient access to parks and recreational facilities in the broader Miami area. Residents and visitors can enjoy a variety of leisure activities, from dining to shopping, all within a short distance.

Nearby Schools

The surrounding Miami-Dade area offers access to a variety of educational institutions, providing convenience for families and employees in the neighborhood. While this property is commercial, its location in a vibrant community ensures proximity to schools and educational resources, contributing to the overall desirability of the area.

Why Buyers Like This Area

Buyers appreciate this property for its secure, long-term lease with a reputable tenant and its strategic location in a busy commercial hub. The combination of high population density, established retail anchors, and a well-maintained building makes it a practical choice for those seeking stability and minimal management responsibilities in commercial real estate.

Investment Potential

This commercial property offers a long-term lease structure that appeals to investors seeking steady occupancy and reduced management responsibilities. The 20-year lease renewal with Chase Bank demonstrates tenant stability, while the location in a densely populated Miami-Dade area supports ongoing demand. Its position within a busy shopping center anchored by well-known retailers adds to its commercial viability, making it a practical option for those interested in secure, income-producing real estate.

Market Trends

Miami's commercial real estate market continues to attract interest due to its population growth and economic activity. Properties in well-established shopping centers with long-term tenants are particularly sought after. This listing’s location in a high-density submarket and the presence of a stable tenant like Chase Bank align with current market preferences for secure, low-risk commercial investments.

Rental Income Potential

The property’s 20-year NNN lease with Chase Bank offers a predictable rental income stream, appealing to investors looking for stability. The tenant's long-term commitment and the high-traffic location within South Kendall Square enhance the potential for consistent occupancy. Seasonal fluctuations are mitigated by the nature of the tenant and the area's strong demographic base.