This freestanding commercial building represents an exceptional turn key investment, and a rare value add opportunity in Hollywood, FL.
Hollywood, FL 33024
Listing
| Web ID: | 5729141 |
|---|---|
| Website: | https://www.nestseekers.com/5729141 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$4,300,000
Annual Taxes:$24,443
Description
This freestanding commercial building represents an exceptional turn-key investment, and a rare value add 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 preapproval 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 end son 2030 – Lease Term: adjusted based on CPI INDEX.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12079418
Contact
Listing Courtesy of MGS Brokers