Basic Information
- MLS # A11087114
- Type Commercial
- Status Closed
- Year Built 1960
- Total Sqft 14,356
- Date Listed 08/19/2021
- Days on Market 308
This 8,260 sf flex space building is a perfect blend of retail and true industrial situated on a 14,356 sf lot.This building is currently 100 occupied by 4 tenants with an under market rental rate. A new investor can retenant this property at a conservative rates of 18 a foot net which will provide a strong annual net income of 143,985.09. This proforma NOI will provide an investor with a strong 7.2 capitalization rate at the full asking price of 2,000,000. Enclosed in this package lease analytics showing resent comparable leases are as hight as 23 psf 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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Commercial
Interior Features
- Adjusted Sqft 14,356Sq.Ft
- Sqft 14,356 Sq.Ft
Property Features
- Address 1812 - 1816 N Dixie Hwy
- Aprox. Lot Size 14,356
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $9,243
- Tax Legal desc HOLLYWOOD PARK 4-19 B LOT 4 BLK 8
- Tax Year 0
- Type of Property Commercial
1812 - 1816 N Dixie Hwy
Hollywood, FL 33020Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000
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