Property Description
This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. – Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.
Features
- Parking Features
- Sewer
Address Map
- State:
- FL
- County:
- Broward
- City:
- Hollywood
- Zipcode:
- 33024
- Street:
- 7035 Taft St, Hollywood, Florida 33024
- Longitude:
- W81° 46' 17.8''
- Latitude:
- N26° 1' 27.9''
MLS Addon
- Building Area:
- 4,158 Sqft
- Construction Materials:
- Block
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 514111300011
- Structure Type:
- Retail
- Tax Annual Amount:
- $24,443
Commercial Sale For Sale
7035 Taft St, Hollywood, Florida 33024, Hollywood, Florida 33024
23,176 Sqft
$4,300,000
MLS # #A12079891
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,300,000
- Year Built :
- 1966
- Lot Area :
- 23,176 Sqft
- MLS # :
- A12079891
- Property Sub Type :
- Retail
