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1002 N Federal Hwy 2,550 SF 12% Leased Retail Building Hollywood, FL 33020 $4,838,750 CAD ($1,897.55 CAD/SF) 9% Cap Rate

Retail Spaces Florida Hollywood 1002 N Federal Hwy, Hollywood, FL 33020

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INVESTMENT HIGHLIGHTS

  • Auto Business and Real Estate for Sale
  • Turnkey Automotive Repair
  • Established 30+ year Business
  • 9% Actual Capitalization Rate

EXECUTIVE SUMMARY

This is a very rare opportunity to purchase a landmark freestanding automotive repair. The property comprises a 3,360-square-foot building on a 10,237 SF fenced-in lot. The sale includes a fully staffed and fully equipped business, poised for a new investor to elevate it further. The business has an annual net income exceeding $315,000 and a consistent annual revenue growth, this rare opportunity comes with all equipment and machinery included.
This is a CONFIDENTIAL sale, all showings are by appointment only! Please do not disrupt current business or any of its employees!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,550 SF
Building Class
B
Year Built
1958
Price
$4,838,750 CAD
Price Per SF
$1,897.55 CAD
Cap Rate
9%
NOI
$435,488 CAD
Percent Leased
12%
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
C-2, Hollywood
Parking
18 Spaces (7.06 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Truist
City National Bank of Florida
Bank of America
PNC Bank
Wells Fargo
Twin Peaks
Publix
Miami Grill
Chase Bank
Starbucks

PROPERTY TAXES

Parcel Number 51-42-10-14-0350 Improvements Assessment $1,136,959 CAD
Land Assessment $258,288 CAD Total Assessment $1,395,246 CAD

PROPERTY TAXES

Parcel Number
51-42-10-14-0350
Land Assessment
$258,288 CAD
Improvements Assessment
$1,136,959 CAD
Total Assessment
$1,395,246 CAD

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 30736584

  • Date on Market: 2024-01-23

  • Last Updated:

  • Address: 1002 N Federal Hwy, Hollywood, FL 33020

The Royal Poinciana Retail Property at 1002 N Federal Hwy, Hollywood, FL 33020 is currently available. Contact RE/MAX 5 Star Realty for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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1002 N Federal Hwy

1002 N Federal Hwy

John DeMarco

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