Strategically located on a busy intersection of 441 and Johnson St in Hollywood Fl. Close proximity to the Florida Turnpike and I 95. The subject property consists of 3 retail units totaling 1,964 SF. The property is currently 100% occupied with 3 legacy tenants. Property is currently grossing $ 81,000 per year, netting $ 68,165.17 a year. An investor can bring the tenant to market rate after closing. This will raise net annual income to $ 91,400 which will provide an investor with a strong 7.62% capitalization rate at full asking price.
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Shop – Hollywood, Florida, USA
$1,200,000
$6,593 /m²
- Total area182 m²
- Built in1955
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