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720 N State Road 7, Hollywood, FL

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DetailMap
720 N State Road 7

Hollywood, FL 33021-5601 - Hollywood Submarket


Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1962
Building Size:3,630 SF Land Area:.17 AC (7,200 SF)
For Sale Price:$1,188,000 Price/SF:$327.27
Cap Rate:5.00 %
Parking:Free Surface spaces are available; Ratio of 2.38/1,000 SF
Features:Bus Line, Dedicated Turn Lane



Sale Notes:
CURRENT LOCATION OF WHEELS DEALS THIS 3 BAY FACILITY IS GRANDFATHERED WITH 3 LICENSES. AUTOMOTIVE BODY, AUTO REPAIR, AUTO SALES. THIS IS PRICELESS ON SR7 AS THE CITY NO LONGER ISSUES THESE USE PERMITS ON SR7. COMPLETELY REDONE WITH NEWER ELECTRIC, PAINT BOOTH WITH HALON FIRE SUPPRESSION SYSTEM BUILT TWO YEARS AGO. A MUST SEE!! LEASED AT $4000 PER MONTH WITH 4 YEARS REMAINING ON CURRENT LEASE. TENANT WILLING TO NEGOTIATE RELOCATION IF NEED BE. HOWEVER GLAD TO STAY ON.
LOCATED ON THE HEART OF SR7 ON THE CORNER OF JOHNSON. THIS PROPERTY IS ON THE WEST SIDE OF THE STREET MAKING IT EXTREMELY VALUABLE. THE EAST SIDE OF SR7 IS BEING DEMOLISHED AND WILL BE PARKS AND WATER RETENTION PONDS. PROPERTY VALUES ARE SOARING AS BUILDINGS BECOME HARDER TO OBTAIN. DOT PROJECT WILL BEAUTIFY SR7 WHICH IS SLATED TO ADD PAVERS AND TREES. IN BETWEEN THE NEW WALMART AND THE HOME OF AUTO NATION. THIS STRIP IS ON FIRE!! THIS PROPERTY IS SURE TO RISE IN VALUE AS THESE PROJECTS ARE COMPLETED.

RE/MAX Executive Realty
Robert Fuerst
(954) 862-2600




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