Basics
- Category: CommercialSale
- Type: Office
- Status: Active
- Bathrooms: 0
- Lot size: 26141, 26141 sq ft
- Year built: 1957
- County: Broward
- MLS ID: A11816749
Description
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Description:
HOLLYWOOD 1-21 B LOT 12,13,14,15 LESS ELY 15 & LESS PT INC IN EXT AREA FORMED BY 15 FT RAD ARC WHICH IS TANG TO S/L LOT 15 & TANG TO LINE WH Fausto Commercial proudly presents a prime single-tenant medical office investment located at 750 S Federal Hwy in Hollywood, FL. Priced at $5,000,000, the 8,759 SF building sits on a combined 26,141 SF of land, which includes an adjacent 5,455 SF parking lot. The property is leased to a stable medical tenant under a NNN lease, currently generating $255,000 in annual income with a 2.5% yearly increase over the next five years. This offering provides investors with secure cash flow, built-in rent escalations, and long-term upside potential in a high-demand location. Seller financing available with attractive terms!
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Building Details
- Structure Type: Office
- Water Source: Public
- Sewer: PublicSewer
- Covered Spaces: 0
Amenities & Features
- Cooling: CentralAir
- Heating: Central
Expenses, Fees & Taxes
- Tax Annual Amount: $38,898
Miscellaneous
- List Office Name: Fausto Commercial Realty Consultants Inc
- Listing Terms: Cash,Conventional,OwnerMayCarry
Ask our real estate expert about this property
This Office-type commercial real estate is located in FL, Hollywood was built in 1957, and is listed at $5,000,000.