497 S State Road 7 Hollywood, FL
Retail property with over 11 years remaining on corporate lease.
Property Features for 497 S State Road 7
General Information
- Standard status
- Active
- Size
- 9,123 SF
- Lot size
- 0.52 Acres
- Property subtype
- RETAIL
Listing office SRS Real Estate Partners | Fort Lauderdale (954) 703-3600
Listing date Oct 22, 2025
Source Moodyscre
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 SRS Real Estate Partners | Fort Lauderdale
Investment Insights
Based on property information with market context.
Key Highlights
- Corporate lease signature for peace of mind.
- Enjoy a secure investment with 11+ years remaining on the lease.
- Benefit from scheduled 10% rental increases.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.1k | $21.60 |
| − Vacancy | −$15.8k | −$1.73 |
| EGI | $181.3k | $19.87 |
| − OpEx | −$54.4k | −$5.96 |
| NOI | $126.9k | $13.91 |
