Basics
- Category: CommercialSale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Lot size: 23176, 23176 sq ft
- Year built: 1966
- County: Broward
- MLS ID: A12079891
Description
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Description:
TAFT HOLLYWOOD SHOPPING CENTER 165-31 B POR PARCEL A DESC AS COMM SLY SW COR OF PAR A THEN N 125,W 130,N 68.7,E 208.71,S 192.59,W 1.12,S 1.1 This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.
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Building Details
- Structure Type: Retail
- Water Source: Public
- Sewer: PublicSewer
- Construction Materials: Block
- Covered Spaces: 0
Amenities & Features
- Parking Features: Common,FreeParking
- Security Features: Other
Expenses, Fees & Taxes
- Tax Annual Amount: $24,443
Miscellaneous
- List Office Name: MGS Brokers
- Listing Terms: Cash,Conventional
Ask our real estate expert about this property
This Retail-type commercial real estate is located in 7035, Taft St, Hollywood, FL, 33024 was built in 1966, and is listed at $4,300,000.