2012 N Dixie Hwy - Light Manufacturing FOR SALE


Hollywood, FL 33020- North Central Hollywood
$1,500,000 USD
954-453-1000
2012 N Dixie Hwy, Hollywood, FL for Sale
$1,500,000 USD
Light Manufacturing - FOR SALE
1/8
null | Request Cap Rate

2012 N Dixie Hwy
Hollywood, FL 33020
North Central Hollywood


HIGHLIGHTS

  • A+ Location Directly on Dixie Hwy
  • Great Visibility and High Traffic Area
  • DH-3 Zoning allows most commercial uses!

OVERVIEW

The subject property is a freestanding flex/warehouse consisting of 2,106 square feet of usable space situated on a 7,086 square foot lot located directly on North Dixie Hwy in East Hollywood, four blocks south of Sheridan Street.The front of the property has three parking spots, with room to add more parking at the rear, which can be accessed by the alley behind the property. There is also a side gate on the south side of the property to access the back lot. The property is currently leased to one tenant on a triple net lease. The tenant is currently paying $6,000 per month, generating $72,000 per year in net income. The property is located in desirable DH-3 zoning – Dixie Highway High Intensity Mixed—Use District Uses, which allows for most retail and commercial uses, including automotive. The existing property use is Light Manufacturing. This is a fantastic opportunity to obtain a desirably sized freestanding Hollywood flex/warehouse property for either an owner-user or investor. There are several new residential and retail projects breaking ground nearby. Hollywood is a rapidly changing city with over 5,000 new residents projected to move into Hollywood over the next three years.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$673 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16

LAND SF

7,086

ZONING

DH-3

APN/PARCEL ID

51-42-09-05-1080

ASK ABOUT THIS PROPERTY

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

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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.