USD 1,690,000

1800 N Dixie Hwy
Hollywood, Florida 33020

For Sale

Property Description

This 12,013 SF flex space building is a perfect blend of retail and true industrial situated on a 14,176 SF lot. This building is currently vacant. A new investor can tenant this property after closing at a conservative rates of $14 a foot net. This pro­-forma NOI will provide an investor with a strong 9.95% capitalization rate at the full asking price of $1,690,000. Enclosed in this package lease analytics showing resent comparable leases are as hight as $22 p/sf Net. This property will also work for an owner-user looking to relocate in East Hollywood.
Liberal new DH­3 zoning permits most uses and encourages new developments with generous height restrictions. See enclosed DH­3 zoning outline.
Please call for additional information or to receive an offering memorandum.

Listed by RE/MAX 5 Star Realty

Property Details

ID #
A10813087
Status
Sale
Type
Commercial, Industrial
Zip Code
33020
Year Built
1961
Occupancy
Vacant
Type of Building
Showroom
Utilities
Internet
Zoning Information
DH3

Similar Listings