1801 N Federal Hwy - Storefront FOR SALE


Hollywood, FL 33020- Royal Poinciana
$4,237,000 USD
954-302-7365
1801 N Federal Hwy, Hollywood, FL for Sale
$4,237,000 USD
Storefront - FOR SALE
1/10
null | 6% Cap Rate

1801 N Federal Hwy
Hollywood, FL 33020
Royal Poinciana


HIGHLIGHTS

  • 9 Years Remaining | 2 (5-Year) Options | 12% Rent Increases |Corporate Signature
  • NN Leased | Limited Landlord Responsibilities | No State Income Tax
  • Signalized, Hard Corner Intersection | US 1 / N. Federal Hwy | Near Interstate 95 | S. Broward High School (2,300+ Students)
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Dollar General has 9 years remaining on their current lease with 2 (5-year) options to extend • 12% rent increases at the beginning of each option • The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,580 location as of May 2025 • This location has been a “Dollar Store” for over 20 years. DG moved into the site after FD in 2018. DG extended their lease in 2024 for 10 years showing their strong commitment to the site • Adjacent to Wawa which drives traffic to the location and can also be purchased along with this DG. The assemblage of these two lots together can increase the long-term value within the land

FOR SALE DETAILS

PRICE

$4,237,000 USD

PRICE/SF

$419 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,555 SF

ZONING

C-2

APN/PARCEL ID

51-42-10-54-0010

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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