Shopping Plaza - 22358, Hollywood, FL
Retail for Sale - $1,600,000
Property Info
CIMLS# | 957000 |
Location Shopping Plaza - 22358 Hollywood FL 33021 | |
Updated | December 18th, 2019 |
Type | Retail |
Price | $1,600,000 |
Property Description
Well-located strip center across from the new Super Walmart, Racetrack super gas station and adjacent to Mc Donald's which generates exposure from the 1000�s of autos that pass by daily and enter the plazas. 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.
The subject property is located on the northeast corner of the intersection created by Hollywood Boulevard and N 59th Avenue, within the City of Hollywood. The site extends north to Tyler Street. 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, with 107.9'-frontage along Hollywood Boulevard and 259.9 feet in depth along N 59th Avenue. Tax rolls indicate a total land area of 27,817 square feet. 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. There is a two-pole I.D. sign on the front of the site. 8.56% cap rate!
For additional information, contact Randy North at 954-483-0909.