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Harding Plaza 1735 N Federal Hwy 6,200 SF 100% Leased 4-Star Retail Building Hollywood, FL 33020 $4,117,964 CAD ($664.19 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- ±6,200 SF Class A Retail Strip with Value-Add next to Brand-New Wawa
- 2 of 3 Tenants Currently 20% Below Market Offers Additional Upside
- Prime Central East Broward Market Between Fort Lauderdale and Aventura
- 64% Occupancy with Two Easy-to-Lease Bays Offering Quick Stabilization
- 180 Feet of Prime N Federal Highway Frontage, Visible to 31,000+ Vehicles Per Day
- Strong Local Market Fundamentals with Single Digit Vacancy Rates and High Rental Growth
EXECUTIVE SUMMARY
±6,200 SF newly constructed, Class A retail center with direct frontage along N
Federal Highway (US-1) in Hollywood Florida. Harding Plaza offers tremendous
value and upside for a new owner with current occupancy at 64% offering
2 vacant retail bays ready to be leased and shadow anchored by a newly
constructed Wawa to the north of the property.
Harding Plaza benefits from excellent high traffic exposure along N Federal
Highway with over 31,000 vehicles per day and easy ingress/egress with
excellent parking in the rear of the property. The Subject Property provides a
diverse mix of stable tenants and offers additional value through lease up of
the 2 vacant spaces. Local market rents have grown tremendously over the
last several years allowing an investor add value to the asset not only through
lease up but by increasing rental rates as 2 of the 3 in-place leases currently sit
around 20% below market rates.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
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| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Finance and Insurance
-
99,999 SF
- -
- -
At Advance America, they understand that setbacks happen. Their mission is to help individuals turn those setbacks into epic comebacks. No matter where someone is on their financial journey, Advance America provides personal loan solutions that open doors to new possibilities. Here, clients are more than just a loan; they are the next success story. Since 1997, Advance America has assisted millions of hardworking people with a variety of financial solutions, including payday loans, online loans, installment loans, title loans, and personal lines of credit. With convenient locations nationwide and 24/7 online loan services, they meet customers where they are, rather than the other way around. As a proud community lender, Advance America serves thousands of individuals both locally and online, offering a range of personalized financial solutions tailored to specific needs.
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- Retailer
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99,999 SF
- -
- -
At Batteries Plus they offer battery, lighting, smart home, key fob and phone repair solutions for retail and business customers alike. Their teams are experts in the field, and outstanding service is what sets them apart. Whether a customer is looking for an everyday item or something that's a little harder to find, they're there for them. Batteries Plus began in 1988 with a single store located in Green Bay, Wisconsin. That very first team opened their doors with a simple goal: to serve customers’ needs with a combination of quality products and superior technical knowledge. Today, Batteries Plus is the nation’s largest and fastest growing battery franchise, with locations throughout the United States. Their stores serve millions of customers and have access to tens of thousands of products, from the everyday to the hard-to-find. Plus, customers appreciate convenient services like battery testing, phone repair, key fob programming and much more.
- LIttle Cesar's
- Retailer
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99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Finance and Insurance | 99,999 SF | - | - | ||
|
|
Retailer | 99,999 SF | - | - | ||
| LIttle Cesar's | Retailer | 99,999 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-42-10-61-0010 | Improvements Assessment | $2,087,180 CAD |
| Land Assessment | $592,987 CAD | Total Assessment | $2,680,166 CAD |
PROPERTY TAXES
Presented by
Harding Plaza | 1735 N Federal Hwy
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