$4,232,000 USD
786-522-7000
327-329 Johnson St
Hollywood, FL 33019
Hollywood Beach-Quadoman
HIGHLIGHTS
- Two-Tenant Net Leased Retail Building Located on Johnson Street Boardwalk
- Anchored by Corporate Guaranteed Fat Tuesday’s Along with Popular Bike Rental Store that has Been in the Subject Property for Over 10 Years
- Weighted Average Lease Term (WALT) is Over 6 Years with 3% Annual Rent Bumps
- Bike Rental Tenant is Signing Agreement with Boba Drink Operator to Occupy Small Portion of Their Space
- Subject Property Sits on Highly Coveted Johnson Street Boardwalk Which is a Pedestrian Only Street East of A1A Leading to the Beach
- Next Door to Subject Property is the Entrance to a 600 Space Public Parking Garage Providing Constant Foot Traffic During Day and Evening Hours
FOR SALE DETAILS
PRICE
$4,232,000 USD
PRICE/SF
$1,511 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Hollywood Beach Retail
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1957
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.08 AC
LAND SF
3,485 SF
ZONING
BRT-25
APN/PARCEL ID
51-42-12-01-0360
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786-522-7000
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786-522-7000
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