1101 N Federal Hwy - Freestanding FOR SALE


Hollywood, FL 33020- Royal Poinciana
$3,200,000 USD
954-453-1000
1101 N Federal Hwy, Hollywood, FL for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/13
null | 6.07% Cap Rate

1101 N Federal Hwy
Hollywood, FL 33020
Royal Poinciana


HIGHLIGHTS

  • A+ Location Directly on US-1 Hwy
  • 6% Actual Cap Rate
  • Real Estate and Business for Sale

OVERVIEW

This is a rare opportunity to acquire a freestanding retail building on US-1 in Hollywood, Florida. The property features a 5,675 SF building on a 14,282 SF lot in a prime high-visibility location. Currently operating as a dual-purpose business specializing in locksmith services and bicycle sales/repairs, the site has a long-established presence in the community. The business is fully staffed and equipped, generating a gross revenue of $730,158 and a net income of $194,246 annually. With strong potential for continued success, this property offers an investor the opportunity to take over a well-established operation or repurpose the space for a new venture. The seller's inventory is available for purchase at closing.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$577 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,301 SF

ZONING

C-2

APN/PARCEL ID

51-42-10-05-0050

ASK ABOUT THIS PROPERTY

John DeMarcoRE/MAX 5 Star RealtyMore Info
954-453-1000

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

John DeMarcoRE/MAX 5 Star RealtyMore Info
954-453-1000

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