Two-Story Nightclub with Commercial
New
For Sale
Contact for pricing
1818 S Young Cir, Hollywood, FL 33020
Two-story entertainment venue with a full kitchen, liquor bar, and modern interior buildout.
Property Size6,600 SF
Price / SF$424.24
Days on Market6
Property Features for 1818 S Young Cir
General Information
Standard status
Active
Size
6,600 SF
Class
A
Property subtype
Business for Sale
Zoning
RC-2
Occupancy
100%
Lease Type
NNN
Investment Type
Sale/Leaseback
Net Operating Income
$704,163
Financials
Cap Rate
25.15%
Business Included
Yes
Building Details
Year Built
1960
Year Renovated
2021
Stories
2
Units
1
Tenancy
Single
Listing Agency:
RE/MAX 5 Star Realty
(954) 453-1000
Listed By:
Randall Sanz · License #3285074
Source:
Crexi
Added: Aug 6
Changed: Aug 11
Last Checked: Aug 11 at 8:04AM
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 RE/MAX 5 Star Realty
Investment Insights
Based on property information with market context.
This two-story nightclub property contains 6,600 square feet and combines a full commercial kitchen with a full liquor bar. The interior features a modern buildout suited to restaurant and entertainment operations. Constructed in 1960, the property is zoned RC-2.
The venue is located at 1818 S Young Cir in Hollywood, within the Young Circle area of Downtown Hollywood. The offering includes an in-place cap rate of 25.15%.
The venue is located at 1818 S Young Cir in Hollywood, within the Young Circle area of Downtown Hollywood. The offering includes an in-place cap rate of 25.15%.
Key Highlights
- 6,600‑square‑foot, two‑story nightclub and restaurant property
- Full commercial kitchen and full liquor bar
- Modern interior buildout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$104,960
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,099,200
$2.1M
Cap Rate 7%
$1,499,429
$1.5M
Cap Rate 9%
$1,166,222
$1.2M
Market Conditions
NOI Build-Up for 6,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$150.5K $22.80/SF
− Vacancy
−$10.5K −$1.60/SF
EGI
$139.9K $21.20/SF
− OpEx
−$35.0K −$5.30/SF
NOI
$105.0K $15.90/SF
Area
Hollywood, FL
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,099,200
Cap Rate 7%
$1,499,429
Cap Rate 9%
$1,166,222
Alternative Uses
Best Use
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,960 @ 7.0% cap · market cap 3.75%
Second Best
Industrial
$907.6K
$794.2K – $1.06M
NOI $63,534 @ 7.0% cap · market cap 2.27%
Theoretical Best
Office A
$2.58M
$2.26M – $3.01M
NOI $180,734 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,515
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- St. Tropez at Boca Country Club — 2326 Hollywood Blvd, Hollywood, FL 33020
- Afro Lounge — 2050 Hollywood Blvd, Hollywood, FL 33020
- T.N.T On Harrison — 2005 Harrison St, Hollywood, FL 33020
- Yttrium Ultra Lounge — 521 S 21st Ave, Hollywood, FL 33020
- Triple B Bar & Grill — 830 S Dixie Hwy, Hollywood, FL 33020
Frequently Asked Questions
What type of property is this?
Night club - Two-story entertainment venue with a full kitchen, liquor bar, and modern interior buildout.
Where is this night club located?
The property is located at 1818 S Young Cir Hollywood, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 6,600‑square‑foot, two‑story nightclub and restaurant property; Full commercial kitchen and full liquor bar; Modern interior buildout
