Turnkey Restaurant
For Sale
Contact for pricing
4420 W HALLANDALE BEACH Boulevard #4486, Hollywood, FL 33023
Fully equipped restaurant space with frontage on Hallandale Beach Boulevard, positioned across from the WPLG Local 10 station.
Property Size11,427 SF
Price / SF$0.22
Days on Market51
Property Features for 4420 W HALLANDALE BEACH Boulevard #4486
General Information
Standard status
Active
Size
11,427 SF
Property subtype
Retail
Additional Details
Equipment Included
Yes
Building Details
Year Built
1960
Listing Agency:
DB Commercial Real Estate, Inc
(954) 322-4242
Listed By:
David Bouganim · License #461052
(305) 788-0392
Source:
Lehmannflorida
Added: Sep 2
Changed: Oct 21
Last Checked: Oct 20 at 11:17PM
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 DB Commercial Real Estate, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000 sq. ft. restaurant space is fully equipped for a food-service operation and is presented in turnkey condition. The property was built in 1960 and offers an existing commercial setting for a restaurant concept.
Located at 4420 W Hallandale Beach Blvd, the space fronts Hallandale Beach Boulevard and sits directly across from the WPLG Local 10 ABC station. The address is served by some transit and is rated Somewhat Walkable and Somewhat Bikeable, with a 58 Walk Score, 26 Transit Score, and 45 Bike Score.
Located at 4420 W Hallandale Beach Blvd, the space fronts Hallandale Beach Boulevard and sits directly across from the WPLG Local 10 ABC station. The address is served by some transit and is rated Somewhat Walkable and Somewhat Bikeable, with a 58 Walk Score, 26 Transit Score, and 45 Bike Score.
Key Highlights
- 1,000 sq. ft. restaurant space
- Fully equipped and turnkey condition
- Frontage on Hallandale Beach Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,724
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,634,480
$3.6M
Cap Rate 7%
$2,596,057
$2.6M
Cap Rate 9%
$2,019,156
$2.0M
Market Conditions
NOI Build-Up for 11,427 SF
Gross rent
$260.5K $22.80/SF
− Vacancy
−$18.2K −$1.60/SF
EGI
$242.3K $21.20/SF
− OpEx
−$60.6K −$5.30/SF
NOI
$181.7K $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 Rate 5%
$3,634,480
Cap Rate 7%
$2,596,057
Cap Rate 9%
$2,019,156
Alternative Uses
Best Use
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,724 @ 7.0% cap · market cap 7,268.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.47M
$3.91M – $5.22M
NOI $312,917 @ 7.0% cap · market cap 12,516.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33023, FL
66,749
Population
22,450
Households
3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
8.8 sq mi
ZIP Area
7,585
Density / Sq Mi
$70,003
Median Household Income
$35,093
Median Earnings
$1,621
Median Rent
$344,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped restaurant space with frontage on Hallandale Beach Boulevard, positioned across from the WPLG Local 10 station.
Where is this conventional restaurant located?
The property is located at 4420 W HALLANDALE BEACH Boulevard #4486 Hollywood, FL.
What are key features of this property?
This property features: 1,000 sq. ft. restaurant space; Fully equipped and turnkey condition; Frontage on Hallandale Beach Boulevard
