Holywood Boulevard, Hollywood, FL
Retail for Sale - $1,600,000 - 7,462 Sq. Ft. on 0.64 acres
Property Info
CIMLS# | 1073502 |
Location Holywood Boulevard Hollywood FL 33021 | |
Updated | October 12th, 2020 |
Type | Retail |
Price | $1,600,000 |
Building | 7,462 Sq. Ft. |
Land | 0.64 acres |
Property Description
Well-located strip center fronting Hollywood Boulevard. This plaza has an oversized parking lot in the rear and additional parking in the front. The subject property is also down the street from the newly expanded State Road 7/ State Road 441 which is now a major thoroughfare.
Hollywood Boulevard is a major six-lane plus left-turn lane thoroughfare which extends on an east/west fashion throughout Broward County. There are concrete sidewalk, concrete curb/gutter, storm and sanitary sewers, and underground street lights. The subject site is rectangularly-shaped, except for corner arcs. The site is above street grade and it is served with city water, electricity, telephone, French drains, sanitary and storm sewers. There are a total twenty-six (26) marked asphalt-paved lighted parking spaces, of which two are reserved for handicapped persons. The northern and western property lines of the parking area of the subject site are protected by a 5 '-high CBS wall. Landscaping consists of shade trees, shrubbery, and grass. ID #22358
Financials
8.09% Cap Rate
25.86% Total Benefit
$129,388 Net Income