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1002 E Hallandale Beach Blvd # 101, Hallandale Beach FL 33009

Hallandale Beach, FL 33009

$13,000,000

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Price
$13,000,000
Building size
10,125
Property type
Retail
Year built
2024
Lot size (sq ft)
10,125
MLS number
A12040396

This listing is courtesy of Rotundo Bros Miami Real Estate, 954-980-0056.

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About this property

Premier 6% Cap NNN Sale-Leaseback | 30-Yr Lease Value | Opportunity Zone. Unparalleled passive income and massive institutional tax-shelter opportunity in South Florida’s premier retail corridor! Acquire a pristine trophy commercial retail asset, delivering an immediate, rock-solid 6.00% Cap Rate. This hands-off investment features an absolute Triple Net (NNN) Sale-Leaseback with a 30-year total lease structure. The Tenant covers 100% of rent, insurance, taxes, and maintenance * Elite Tenant: Occupied by KC Market, a highly successful and established premier kosher supermarket operator. Consistently and profitably operating 3 flagship locations across Hollywood, Hallandale, and Boynton Beach. Nestled within the ultra-luxury Oasis Hallandale development, the property benefits from immense neighborhood synergy with Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall driving relentless local and hospitality traffic * Unmatched Wealth-Preservation & Tax Benefits: Ideal for Qualified Opportunity Funds (QOF) looking to utilize a 10-year hold to hedge against the standard ~24% capital gains tax. 1031 Exchange Friendly: A perfect, premium replacement property for investors needing to deploy capital from a recent sale. Cost Segregation: prime candidate for an accelerated depreciation study, allowing the buyer to harvest massive passive losses to offset active gains. Secure a generational, inflation-resistant asset with an elite, long-term tenant already in place.

Details

Property type
Retail
Year built
2024
Lot size (sq ft)
10,125

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

1002 E Hallandale Beach Blvd # 101, Hallandale Beach FL 33009 | Newmar Brokerage, LLC