Holywood Boulevard, Hollywood, FL

Retail for Sale - $1,600,000 - 7,462 Sq. Ft. on 0.64 acres


Agent Info

Green Tree Commercial, Inc.
Green Tree Commercial, Inc.

Property Info

CIMLS#1073502
Location
  Holywood Boulevard
  Hollywood FL 33021
UpdatedOctober 12th, 2020
TypeRetail
Price$1,600,000
Building7,462 Sq. Ft.
Land0.64 acres

Contact


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


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