USD 2,250,000

1114 N State Road 7
Hollywood, Florida 33021

For Sale

Property Description

This property is conveniently located directly on N State Rd 7/441 and has great visibility and signage consisting of 1,965 SF, and it is well situated on a 6,421 SF lot which includes an additional parking lot.. High traffic area with over 34K cars per day.

Currently leased to a long term restaurant/bar tenant on a NNN lease with minimal landlord responsibilities. The property undergo a significant renovation in 2022 including all brand new HVAC systems, exterior paint and complete renovation of interior. Current lease is thru September 2027 and base rent increases 3% annually.

Listed by RE/MAX 5 Star Realty

Property Details

ID #
A11335926
Status
Sale
Type
Commercial, Industrial
Zip Code
33021
Year Built
1958
Occupancy
Tenant Occupied
Type of Building
Restaurant/Bar
Utilities
Internet
Zoning Information
C-MU
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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