308 N Federal Hwy
308, Federal Hwy, Hallandale Beach, FL, 33009Basics
- Category: CommercialSale
- Type: MixedUse
- Status: Active
- Bathrooms: 0
- Lot size: 13781, 13781 sq ft
- Year built: 1965
- County: Broward
- Lease Term: ThirtySixMonths
- MLS ID: A11991384
Description
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Description:
ATLANTIC SHORES DIXIE HIGHWAY SECTION 9-34 B LOT 1 TO 5 ALL LESS RD DESC IN CA 74-10225,PAR NO 113 BLK 1 Stabilized NNN investment on US-1 in Hallandale Beach. Two-story commercial building totaling approximately 6,800 SF with a long-term triple-net lease to a national medical cannabis operator on the ground floor and a second-floor office suite generating additional income.
Ground floor tenant is a national, licensed, operating dispensary with a proven track record and long-term lease in place with renewal options, providing investors with durable, predictable cash flow from a credit-quality national tenant.
Located on Federal Highway with high visibility and traffic counts, the property benefits from strong regional demographics serving the Hallandale Beach, Aventura, and Sunny Isles markets.
Ideal for a 1031 exchange buyer or passive investor seeking stabilized income in a high-demand South Florida corridor. Minimal landlord responsibilities under the NNN structure.
Rent and financials available upon request to qualified buyers.
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Location
- Directions: From I-95, take Hallandale Beach Blvd east to Federal Highway (US-1), turn north. Property is on the east side of Federal Highway at 308 N Federal Hwy, Hallandale Beach.
Building Details
- Building Name: 308 N Federal
- Structure Type: Office,Retail
- Water Source: Public
- Sewer: PublicSewer
- Covered Spaces: 0
Amenities & Features
- Parking Features: Common,FreeParking
- Parking Total: 23
- Cooling: CentralAir
Expenses, Fees & Taxes
- Tax Annual Amount: $45,259
Miscellaneous
- List Office Name: Avanti Way Realty LLC
- Listing Terms: Cash,Exchange1031,OwnerMayCarry
Ask our real estate expert about this property
This MixedUse-type commercial real estate is located in 308, Federal Hwy, Hallandale Beach, FL, 33009 was built in 1965, and is listed at $4,085,000.