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1002 N Federal Hwy 2,550 SF 12% Leased Retail Building Hollywood, FL 33020 $4,793,985 CAD ($1,879.99 CAD/SF) 9% Cap Rate
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!
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
$4,793,985 CAD
Price Per SF
$1,879.99 CAD
Cap Rate
9%
NOI
$431,459 CAD
Percent Leased
12%
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
C-2, Hollywood - Commercial
Parking
18 Spaces (7.06 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-42-10-14-0350 | Improvements Assessment | $1,111,027 CAD |
| Land Assessment | $252,396 CAD | Total Assessment | $1,363,423 CAD |
Property Taxes
Parcel Number
51-42-10-14-0350
Land Assessment
$252,396 CAD
Improvements Assessment
$1,111,027 CAD
Total Assessment
$1,363,423 CAD
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1002 N Federal Hwy
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