1800 N Dixie Hwy

    Hollywood, FL 33020
    • $2,995,000
    • STATUS: Active
    • ON SITE: 158 days
    • MLS #: A10640039
    UPDATED: 68 min ago
    $2,995,000
    • 0
      BEDS
    • 0.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:
    Area:

    School Ratings & Info

    Description

    This 20,273 sf flex space building is a perfect blend of retail and true industrial. The subject offering includes four parcels, 1800 N Dixie Hwy, 1810 N Dixie Hwy and 1812 N Dixie Hwy. The total leasable square footage is 20,273 well situated on a 28,532 sf lot.This building is occupied by 3 tenants. Tenants are under market value. A new investor can re-tenant this property after closing to market rates of $14 a foot net. This pro-forma NOI will provide an investor with a strong 9.46% capitalization rate.This property is being offered at only $147 sf which is below recent sales. This is an excellent opportunity to invest in the booming industrial market. Please remember to not disturb existing tenants. Please call listing broker for additional information and complete tour.

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    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-08-21T17:41:48.063.
    www.bestbrowardrealestate.com/homes/92754556

    1800 N Dixie Hwy Hollywood, FL 33020

    • Price: $2,995,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: A10640039
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.66
    Acres
    1975
    Built
    Neighborhood:
    3050
    County:
    Broward
    Area:
    3050
    Property Description
    This 20,273 sf flex space building is a perfect blend of retail and true industrial. The subject offering includes four parcels, 1800 N Dixie Hwy, 1810 N Dixie Hwy and 1812 N Dixie Hwy. The total leasable square footage is 20,273 well situated on a 28,532 sf lot.This building is occupied by 3 tenants. Tenants are under market value. A new investor can re-tenant this property after closing to market rates of $14 a foot net. This pro-forma NOI will provide an investor with a strong 9.46% capitalization rate.This property is being offered at only $147 sf which is below recent sales. This is an excellent opportunity to invest in the booming industrial market. Please remember to not disturb existing tenants. Please call listing broker for additional information and complete tour.
    Exterior Features

    Num Loading Doors 2 Num Parking Spaces 20 Parking Description Assigned Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 10.0000 Maximum Ceiling Height 13.0000 Num Offices 4

    Property Features

    Approximate Lot Size 28532 Electric Service Over 200 Amps Flood Zone X Num Bays 0 Num Tenants 4 Reo YN No Short Sale Yn No Style Of Property Commercial Retail Tax Year 2018 Typeof Property Commercial

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-08-21T17:41:48.063.
     
    The Teri Arbogast Team at Keller Williams Partners SW
    2000 NW 150th Ave Suite 1100
    Pembroke Pines FL, 33028