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Prime Triple Net Medical Office 750 S Federal Hwy 8,759 SF Office Building Hollywood, FL 33020 $6,153,885 CAD ($702.58 CAD/SF) 5.67% Cap Rate
Investment Highlights
- Stable NNN tenant generating $255,000 annually with guaranteed 2.5% rent increases over the next five years.
- This offering delivers secure cash flow, built-in rental growth, and strong long-term upside in a high-demand location.
- The building sits on a total of 26,141 SF of land, including a 5,455 SF adjacent parking lot, which is included in the deal.
- Seller Financing Available at Attractive Terms!
Executive Summary
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 at attractive terms!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$348,720
|
$39.81
|
Financial Summary (Actual - 2024)
| 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 | $348,720 |
| Annual Per SF | $39.81 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,759 SF
Building Class
C
Year Built
1957
Price
$6,153,885 CAD
Price Per SF
$702.58 CAD
Cap Rate
5.67%
NOI
$348,720 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,759 SF
Building FAR
0.43
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
FH-2 - Federal Highway Medium-High Intensity Mixed-Use District. This zoning designation allows for a mix of residential and commercial uses
Parking
45 Spaces (5.14 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Number | 51-42-15-01-6740 | Improvements Assessment | $1,901,665 CAD (2026) |
| Land Assessment | $566,134 CAD (2026) | Total Assessment | $2,467,800 CAD (2026) |
Property Taxes
Parcel Number
51-42-15-01-6740
Land Assessment
$566,134 CAD (2026)
Improvements Assessment
$1,901,665 CAD (2026)
Total Assessment
$2,467,800 CAD (2026)
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Prime Triple Net Medical Office | 750 S Federal Hwy
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