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Commercial Real Estate

CommercialSaleRetailFLHollywood7035, Taft St, Hollywood, FL, 33024

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 23176, 23176 sq ft
  • Year built: 1966
  • County: Broward
  • MLS ID: A12079891

Description

  • 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

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This -type commercial real estate is located in 7035, Taft St, Hollywood, FL, 33024 was built in 1966, and is listed at $4,300,000.

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