Nest Seekers

This freestanding commercial building represents an exceptional turn key investment, and a rare value added opportunity in Hollywood, FL.

Hollywood, FL 33024

Listing

Web ID:5716778
Website:https://www.nestseekers.com/5716778

Property

Ownership: For Sale
Type: Retail
Lot Size: 0.5 Acres

Financials

Price:$4,300,000
Annual Taxes:$24,443

Description

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 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.

Amenities

  • Other

Contact

Palm Beach, FL
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Phone: +1 561-725-9229
deborahg@nestseekers.com
Listing Courtesy of MGS Brokers
​
Nest Seekers Logo
Loading...