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$ 4,300,000
Est. payment | /mo
4,158 SqFt
$ 4,300,000
Est. payment | /mo
4,158 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $1,034
MLS Listing ID A12079418
HOA Y/N No
Year Built 1966
Annual Tax Amount $24,443
Tax Year 2026
Property 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.
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.
Location
State FL
County Broward
Area 3010
Zoning C-3
Exterior
Private Pool Yes
Others
Tax ID 514111300011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by MGS Brokers