Property Listing No Longer Available for Sale

Pembroke Road, HOLLYWOOD, FL

Shopping Center for Sale - $1,539,000 - 5,400 Sq. Ft. on 20898 acres


Property Info

CIMLS#1100503
Location
  Pembroke Road
  HOLLYWOOD FL 33023
UpdatedAugust 25th, 2021
TypeShopping Center
Price$1,539,000
Building5,400 Sq. Ft.
Land20898 acres

Property Description

5,400 Sq. Ft. strip center with 20,898 Sq. Ft. land. Property has 133 feet fronting high traffic Pembroke Road in Hollywood with a 41,000 daily traffic count. This is a one-story building in a C-3 zoning and was built in 1975. Strip center has 9 bays and 7 tenants. Property is 100% occupied. Some tenants have been at the center for over 10 years. Property has passed the 40-year recertification on February 21, 2019. All bays have individual electric meters, and the tenants pay their own electricity except tenants in bay 6507, due to the fact, owner uses their electricity for the camera system. Property has 1 water meter. Investment has a septic tank. Property has 24 parking spaces. Tax Records indicate 5,230 Sq. Ft. Please, do not disturb tenants. CONTACT CLAUDIA BETTINI AT 305-609-7389


Financials

6.03% CAP RATE