7035 Taft St, Hollywood FL 33024
Hollywood, FL 33024
$4,300,000
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- Price
- $4,300,000
- Building size
- 4,158
- Property type
- Retail
- Year built
- 1966
- Lot size (sq ft)
- 23,176
- MLS number
- A12079891
This listing is courtesy of MGS Brokers, 786-253-6668.
About this property
This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.
Details
- Property type
- Retail
- Year built
- 1966
- Lot size (sq ft)
- 23,176
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC