7110-7162 Stirling Rd - Storefront FOR SALE
Hollywood, FL 33024 |
$6,950,000 USD
786-522-7000
7110-7162 Stirling Rd
Hollywood, FL 33024
HIGHLIGHTS
- Davie Plaza is a 22,517 SF Retail Strip Located in a Dense Section of Davie Florida on the Busy Intersection of Stirling Road and Davie Road Extension
- Multiple Tenants are on Short-Term Leases with Well Below Market Rents, Allowing an Investor to Increase Cash Flow Significantly as Leases Roll
- Seller has Recently Re-Painted the Exterior, Added Attractive Awnings and Replaced a Portion of the Roof
- Davie Plaza has Multiple Small Bays Below 1,000 SF which are Easily Re-Leasable to Local Tenants
- Over 71,000 Cars Pass Through the Intersection of Stirling Road and Davie Road Extension Daily
- Davie Plaza Sits on a Signalized Corner between Florida’s Turnpike and N University Drive, the Center has Excellent Visibility, and Multiple Access
FOR SALE DETAILS
PRICE
$6,950,000 USD
PRICE/SF
$309 USD /SF
CAP RATE
5.92%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Davie Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
138
LAND DETAILS
LAND ACRES
2.04 AC
LAND SF
88,862 SF
ZONING
B-2
APN/PARCEL ID
-
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786-522-7000
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786-522-7000
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