Johnson St - Freestanding FOR SALE


Hollywood, FL 33024- 441 Corridor
$700,000 USD
904-569-6738
Johnson St, Hollywood, FL for Sale
$700,000 USD
Freestanding - FOR SALE
1/1
null | Request Cap Rate

Johnson St
Hollywood, FL 33024
441 Corridor


HIGHLIGHTS

  • 6,385 SF Multi-Tenant Commercial Building – 7 fully leased units with 6,300 rentable SF on 0.53 acres.
  • Prime Johnson Street Frontage – ±17,800 Average Daily Traffic in a rapidly gentrifying neighborhood, across from a new apartment development.
  • Recent Upgrades – New roof, well-maintained structure, and turnkey condition.
  • Ample Parking & Rear Access – Dedicated rear lot with easy ingress/egress.
  • Income Potential – Current NOI: $97,454.23/year; Projected NOI: $170,100/year at full market rents.
  • Flexible Uses – Ideal for retail, office, restaurant, laundromat, convenience store, or other general commercial uses.

OVERVIEW

Commercial Building Opportunity – Hollywood Property Overview Seven-unit general commercial property on a 0.53-acre lot with a ~6,300 rentable sqft Efficient multi-tenant layout with strong lease-up potential AADT (Average Daily Traffic) of ~17,800 Zoned C-JS (Central Johnson Street District) which makes it suitable for various used like Retail Store/Plaza, Office Building, Restaurant/Cafe/ QSR, Laundromat, Convenience Store, General Commercial buildings, etc. Current Gross Rent: $11,148/month Current NOI: $97,454.23 Potential Gross Rent: $14,175/month Potential NOI: $170,100 Rentable Sqft: 6,300 Asking price: $1,925,000 with OWNER FINANCING option Down Payment: $700,000 (due at closing) Note: $1,225,000 Payments to Seller: $6,902.55/month | $82,830.56/year Interest Rate: 5.25% with a 5-year balloon Amortization period: 30 Years No prepayment Penalty Showing property visits by appointment only. Call\ Text to schedule Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes. We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner. All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6,385 sqft Commercial Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C-JS

APN/PARCEL ID

51-41-12-05-1890

ASK ABOUT THIS PROPERTY

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904-569-6738

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Dror AttiasAcre ExpertMore Info
904-569-6738

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