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Hollywood Boulevard Retail I

Summary
  • Listing Price: $1,100,000
  • CAP Rate Current: 5.55%/9.15%
  • Rentable Sq Ft: 5,300 SF
  • Lot Size: 12,032 SF (0.28 Acres)
  • Approx Year Built: 1973
  • Price Per Sq Ft: $207.55
Investment Highlights
  • 67% Occupancy Providing a Value-Add Opportunity for Investors
  • Prime Retail Center Located Just East, 1.25 Miles Away from the Florida Turnpike
  • Situated in the Heart of Broward County with Excellent Exposure, Signage, and Access Along Hollywood Boulevard – Traffic Counts Exceeding 42,000 Vehicles Per Day
  • Strong Demographics – In the Last Ten Years There Has Been a 10% Population Growth in a 5-Mile Radius of the Subject Property
  • Full Pass-Through Triple-Net (NNN) Leases
  • Both Tenants in the Strip Center are on their Last Extension Period Providing for Re-Tenanting Opportunities
  • Surrounded by National and Regional Tenants Including Walmart, McDonald’s, Dollar Tree, Taco Bell, Domino’s Pizza, and Denny’s