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
Listing Courtesy of MGS Brokers