This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to… Read More 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX. Read Less
Courtesy of MGS Brokers 786-253-6668
Listing Snapshot
Days Online
17
Last Updated
Property Type
Retail
Square Ft.
4,158
Lot Size
0.53 Acres
Year Built
1966
MLS Number
A12079891
30 Days Snapshot Of 33024
$293k
+6%
(avg) sold price
7
-53%
homes sold
73
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1966, Construction materials: CBS, Toal building area: 4158, 1 total unit
Lot
0.53 acres
Parking
Common, Free
Property
Zoning: C-3
Sewer
Public Sewer
Taxes
Annual amount: $24,443
Tenant Pays
Electricity, Taxes, Water, Common Area Maintenance, Exterior Electric, HVAC Maintenance, Interior Electric, Maintenance, Real Estate Taxes
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