Hollywood Retail Space on
For Sale
Contact for pricing
1531 N Federal Hwy, Hollywood, FL 33020
Retail property with highway frontage and long-term lease.
Property Size3,569 SF
Price / SF$695.45
Days on Market149
Property Features for 1531 N Federal Hwy
General Information
Standard status
Active
Size
3,569 SF
Property subtype
Retail, Special Purpose
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$173,745
Building Details
Year Built
1971
Year Renovated
2026
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Acropolis Commercial Advisors LLC
Listed By:
Eric Wasserman · License #FL CQ1057427
Source:
Crexi
Added: Mar 27
Changed: Aug 14
Last Checked: Aug 22 at 3:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acropolis Commercial Advisors LLC
Investment Insights
Based on property information with market context.
This retail property benefits from an absolute NNN lease and a corporate guarantee. The tenant has requested a long-term lease extension. The property has high barriers to entry and excellent intrinsic value. The FH-2 zoning allows for numerous uses and a maximum building height of 140 feet. Situated with frontage on US Highway 1, the property has direct exposure to over 32,570 vehicles per day. It is located 1 mile from Downtown Hollywood, in an infill location amongst numerous rooftops within a highly affluent area with 23,802 residents and an average household income of $104,715. The location benefits from a strong daytime population, with 11,437 daytime employees within 1 mile. The tenant has made a substantial investment, with all renovations at the tenant’s own cost and expense, estimated at $750,000. There are $1.5 billion in active development projects nearby. The property size is 3,569 square feet. There are 10% rental increases every 5 years.
Key Highlights
- Absolute NNN Lease with Corporate Guarantee
- 10% Rental Increases Every 5 Years
- Long Term Lease Extension Requested By Tenant
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 33020, FL
45,044
Population
22,508
Households
2
Avg Household Size
41
Median Age
29%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
7,507
Density / Sq Mi
$52,535
Median Household Income
$32,449
Median Earnings
$1,444
Median Rent
$306,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Retail property with highway frontage and long-term lease.
Where is this nnn property located?
The property is located at 1531 N Federal Hwy Hollywood, FL.
What is the asking price?
The asking price for this property is $2,482,071.
What are key features of this property?
This property features: Absolute NNN Lease with Corporate Guarantee; 10% Rental Increases Every 5 Years; Long Term Lease Extension Requested By Tenant
