1010 N Federal Hwy - Service FOR SALE


Hallandale Beach, FL 33009
$3,700,000 USD
786-285-1871
1010 N Federal Hwy, Hallandale Beach, FL for Sale
$3,700,000 USD
Service - FOR SALE
1/19
null | 5.01% Cap Rate

1010 N Federal Hwy
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Strong traffic exposure and accessibility
  • High-demand South Florida commercial corridor
  • Long-term appreciation potential
  • Stable cash flow investment opportunity
  • 3% Annual Rent Increase

OVERVIEW

1010 N Federal Hwy represents a premier net-leased investment opportunity located along one of South Florida’s most active commercial corridors. The property consists of a fully leased retail/commercial asset totaling 4,332 square feet with two established Triple Net (NNN) tenants, providing stable and predictable passive income with minimal landlord responsibility. The asset generates a strong annual net operating income of approximately $185,324 under a true NNN lease structure where tenants are responsible for taxes, insurance, maintenance, and operating expenses. Its strategic location on Federal Highway offers exceptional visibility, strong traffic counts, excellent demographics, and long-term appreciation potential within a rapidly growing South Florida market. Fully leased 4,332 SF commercial asset Two established Triple Net (NNN) tenants Passive investment with zero landlord operational responsibility Net annual income: $185,324 Prime frontage on Federal Highway Strong traffic exposure and accessibility High-demand South Florida commercial corridor Long-term appreciation potential Stable cash flow investment opportunity

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$854 USD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.37

LAND SF

16,117

ZONING

CENTRAL RA

APN/PARCEL ID

51-42-22-13-1330

ASK ABOUT THIS PROPERTY

Victor PersiaCompra Venta MiamiMore Info
786-285-1871

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Victor PersiaCompra Venta MiamiMore Info
786-285-1871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.