1002 E Hallandale Beach Blvd 2-101
2-101, 1002, Hallandale Beach Blvd, Hallandale Beach, FL, 33009Basics
- Category: CommercialSale
- Type: Condominium
- Status: Active
- Bathrooms: 0
- Floors: 1
- Lot size: 10125, 10125 sq ft
- Year built: 2024
- County: Broward
- Lease Term: LongTerm
- MLS ID: A12040396
Description
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Description:
OASIS HALLANDALE COMM CONDO I UNIT 2-101 PER CDO CIN #117473065 Premier 6% Cap Rate NNN Sale-Leaseback | Oasis Hallandale Retail | 20-Year Term
Incredible passive income opportunity in the heart of Hallandale Beach! Acquire a prime, 10,125 SF trophy commercial retail asset for $13,000,000, featuring a rock-solid 6% Cap Rate. This hands-off investment is structured as an absolute 20-year Triple Net (NNN) Sale-Leaseback, where the Tenant covers all rent, insurance, taxes, and maintenance.
The subject property comprises four premium contiguous units (2-101, 2-102, 2-103, and 2-104) built in 2023 within the prestigious, high-end Oasis Hallandale mixed-use development.
The property is occupied by KC Market, a highly successful and established kosher supermarket operator. Founded in 2009, KC Market consistently operates three high-volume locations across South Florida (Hollywood, Hallandale, and Boynton Beach).
Property & Investment Highlights:
Asking Price: $13,000,000Initial Annual NOI: $780,000 ($65,000/month)
Cap Rate: 6.00%
Lease Term: 20 Years (Absolute NNN)
Total Area: 10,125 SqFt (Units 2-101 through 2-104)
Year Built: 2023 (Modern, high-end construction)
Location Synergy: Surrounded by world-class amenities, including Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall, driving massive local and hospitality traffic.
Secure a generational, inflation-resistant South Florida commercial asset with an elite, long-term tenant already in place.
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Building Details
- Structure Type: Retail
- Water Source: Public
- Sewer: PublicSewer
- Covered Spaces: 0
- Levels: One
- Number Of Buildings: 1
Amenities & Features
- Security Features: FireSprinklerSystem,SmokeDetectors
- Cooling: CentralAir
- Heating: Central,Electric
Expenses, Fees & Taxes
- Tax Annual Amount: $38,189
Miscellaneous
- List Office Name: Rotundo Bros Miami Real Estate
- Listing Terms: Cash,Conventional,Exchange1031,LeaseBack
Ask our real estate expert about this property
This Condominium-type commercial real estate is located in 2-101, 1002, Hallandale Beach Blvd, Hallandale Beach, FL, 33009 was built in 2024, and is listed at $13,000,000.