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5725 Pembroke Rd 2,200 SF Retail Building Hollywood, FL 33023 $975,748 CAD ($443.52 CAD/SF) 7.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Please call Shai at 917-415-8227
- Great investment and high CAP/Rate
- Within minutes from Hollywood Beach
EXECUTIVE SUMMARY
5725 Pembroke Rd. Situated on a busy road with high traffic gives this property the potential to attract a large customer base. Currently owner occupied and to be delivered vacant, the buyer has the flexibility to use the space as his own or to put in a new high paying tenant. The property has been recently renovated, including the installation of a brand new AC unit as well as main sewer line, ensuring that the building is modern, attractive, and ready for business. Additionally, the four parking spaces available in front of the property provide customers with convenient and accessible parking. With its prime location, and new development springing up just next door you can be confident that this property will continue to appreciate.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1969
Price
$975,748 CAD
Price Per SF
$443.52 CAD
Cap Rate
7.87%
NOI
$76,776 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.11 AC
Zoning
C-3 - Commercial Business
Parking
5 Spaces (1.3 Spaces per 1,000 SF Leased)
Frontage
63’ on Pembroke Rd
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-41-24-12-0190 | Improvements Assessment | $464,420 CAD |
| Land Assessment | $73,227 CAD | Total Assessment | $537,647 CAD |
PROPERTY TAXES
Parcel Number
51-41-24-12-0190
Land Assessment
$73,227 CAD
Improvements Assessment
$464,420 CAD
Total Assessment
$537,647 CAD
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5725 Pembroke Rd
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