6750-6780 HOLLYWOOD BLVD., Pembroke Pines, FL
Shopping Center for Sale - $1,595,000 - 10 Sq. Ft. on 23 acres
Property Info
| CIMLS# | 828380 |
| Location 6750-6780 HOLLYWOOD BLVD. Pembroke Pines FL 33024 | |
| Updated | October 1st, 2015 |
| Type | Shopping Center |
| Price | $1,595,000 |
| Building | 10 Sq. Ft. |
| Land | 23 acres |
Property Description
Price:$1,595,000
Address:6750 to 6780 HOLLYWOOD Blvd., Pembroke Pines, FL 33024
Phone954-323-9337Size (sq ft):10273
Description:
Retail Property -
Price: 1,595,000.00,Gross Leasable Area:10,273 SF Property Type: Retail Property Sub-type: Neighborhood Center Additional Sub-types:Strip Center Property Use Type: Investment,
No. Stories: 2, Tenancy: Multiple,Year Built:1961 Lot Size:23,808 SFAPN
Highlights
= NEW ROOF AND PAINT
◾EXCELLENT FRONTAGE ALONG PINES/HOLLYWOOD BOULEVARD
◾UNITS INDIVIDUALLY METERED FOR WATER & ELECTRIC
◾TRAFFIC COUNT IN EXCESS OF 51,300 CARS PER DAY
◾40 YEAR INSPECTION COMPLETE
◾NO DEFERRED MAINTENANCE
* TALLEST SINGNAGE AVALILIBLE IN THE CITY
* 1/2 MILE WEST OF FLORIDA TURNPIKE
* SEPARATE ELECTRIC ROOM
* SECURITY ROOM
Description
WE ARE: pleased to present the Westwood Shopping Center located in Pembroke Pines, Florida. The property is situated on a 23,808 Sq. Ft. lot with 10,273 GLA with 10 bays. This center has great visibility and frontage along Pines/Hollywood Blvd with exposure to traffic counts in excess of 51,300 cars per day. The center is 100 percent occupied by 8 tenants. Tenants within the center operate mostly under gross leases with an average rental rate of $14.64 per square foot. tenants are on leases. The retail bays within this center range from 650 to 1800 square feet, with a 3000 square foot office on the second floor. This opportunity allows an investor to substantially improve stable cash flow by increasing the quality of tenancy.
FRONTING HIGH TRAFFIC HOLLYWOOD BOULEVARD IN PEMBROKE PINES.
IF YOU ARE INTERESTED PLEASE CALL PAUL AT:954-323-9337
OR MANY AT ; 561-542-4238
PROPERTY TAX $ 24,000.00
SALES TAX 6% $ 7,631.28
INSURANCE,WIN $ 9,000.00
WATER PAY BY TENANTS
ELECTRIC PAY BY TENANTS
GARBAGE PAY BY TENANTS
TOTAL EXPENSES $40,631.28
CURENT GROSS YEARLY INCOME = $ 135,603.00
LESS OPERETING EXPENSES = $ 40,631.28
NET OPERETING INCOME = $ 94,971.72
Financials
PROPERTY TAX $ 24,000.00
SALES TAX 6% $ 7,631.28
INSURANCE,WIN $ 9,000.00
WATER PAY BY TENANTS
ELECTRIC PAY BY TENANTS
GARBAGE PAY BY TENANTS
TOTAL EXPENSES $40,631.28
CURENT GROSS YEARLY INCOME = $ 135,603.00
LESS OPERETING EXPENSES = $ 40,631.28
NET OPERETING INCOME = $ 94,971.72