4111 South Ocean Drive Hollywood, FL 33019

Listing Agency FA Commercial i***@facommercial.com Show Phone

Listed by Fabio Faerman, CCIM · License #FL BK3045634

Source Crexi

Added: May 21 Checked: Jul 17 at 4:41 am

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Investment Insights

Based on property information with market context.

This 6,000 square foot retail space offers a value-add opportunity due to below-market rent. The tenant possesses the exclusive right to serve food and beverage within the entire building. The tenant is also responsible for Homeowner Association fees, which amount to $53,351. There are 30 parking spaces available for clients. The lease includes two 5-year options with 4% increases. Real estate taxes are $30,000.

Key Highlights

• Terrazas has exclusive rights to serve food and beverage in the entire building.
• Terrazas rent is well under market, providing a huge value add opportunity.
• Tenant pays HOA fees (HOA: $53,351).

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FAQs

What type of property is this?

Retail space - Retail space with exclusive food/beverage rights and parking.

Where is this retail space located?

The property is located at 4111 South Ocean Drive Hollywood, FL.

What is the asking price?

The asking price for this property is $4,435,894.

What are key features of this property?

This property features: Terrazas has exclusive rights to serve food and beverage in the entire building.; Terrazas rent is well under market, providing a huge value add opportunity.; Tenant pays HOA fees (HOA: $53,351).