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Retail Space with Exclusive Rights
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4111 South Ocean Drive, Hollywood, FL 33019

Retail space with exclusive food/beverage rights and parking.

Property Size6,000 SF
Price / SF$739.32
Days on Market85

Property Features for 4111 South Ocean Drive

General Information

Standard status Active
Size 6,000 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type NN
Net Operating Income $266,153

Building Details

Tenancy Single
Listing Agency: FA Commercial
Listed By: Fabio Faerman, CCIM · License #FL BK3045634
Source: Crexi
Added: May 21 Changed: Aug 12 Last Checked: Aug 12 at 8:10AM

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 FA Commercial

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).

Property Analytics

Current Use

H Hollywood Resort ... Hotel & Motel my stay Hotel & Motel HB Miami Vacation ... Hotel & Motel We Host at Hyde Hotel & Motel Nataliya Lindvor CPA Accounting Firm

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Food Market Barber Shop Restaurant Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,103
Businesses Nearby
191k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 56% Shops & Services 19% Hotels & Casinos 18% Electronics 4%
Walmart Superstores
107,169 visits/mo 0.3 miles
7-Eleven Shops & Services
25,542 visits/mo 0.0 miles
The Diplomat Beach Resort Hollywood, Curio Collection by Hilton Hotels & Casinos
21,024 visits/mo 0.3 miles
DoubleTree Resort by Hilton Hollywood Beach Hotels & Casinos
9,789 visits/mo 0.1 miles
Bank of America Shops & Services
6,600 visits/mo 0.1 miles

Demographics for 33019, FL

15,497
Population
12,453
Households
1.2
Avg Household Size
55
Median Age
60%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,188
Density / Sq Mi
$94,824
Median Household Income
$59,226
Median Earnings
$1,983
Median Rent
$631,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

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).
(786) 262-9966 Call to check price and availability
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