Retail-Front Warehouse
5824 Johnson St Hollywood, FL 33021
New
For Sale
$775,000
Retail showroom space at the front with warehouse storage area, plus a private bathroom and breakroom.
Property Size1,800 SF
Price / SF$430.56
Days on Market3
Property Features for 5824 Johnson St
General Information
Standard status
Active
Size
1,800 SF
Building Details
Year Built
1973
Listing Agency:
RE/MAX 5 Star Realty
(954) 673-7739
Listed By:
Alejandro Bruno · License #3118923
Source:
Mymiahomes
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 28 at 7:20AM
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 commercial storefront/warehouse property offers a versatile front retail or showroom area with a larger warehouse space in the rear. The interior includes a private bathroom, a small kitchenette, and a dedicated breakroom, supporting day-to-day operations.
The property is described as being conveniently located just off Johnson Street and State Road 7 (441), with customer parking available on-site for clients and visitors.
ForSale, the layout is designed to accommodate a mix of customer-facing storefront activity and back-of-house storage or operational needs within a single building.
The property is described as being conveniently located just off Johnson Street and State Road 7 (441), with customer parking available on-site for clients and visitors.
ForSale, the layout is designed to accommodate a mix of customer-facing storefront activity and back-of-house storage or operational needs within a single building.
Key Highlights
- Commercial storefront/warehouse built in 1973
- Front showroom/storefront layout with warehouse/storage area in the rear
- Includes private bathroom, small kitchenette, and dedicated breakroom
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 | $38.9k | $21.60 |
| − Vacancy | −$3.1k | −$1.73 |
| EGI | $35.8k | $19.87 |
| − OpEx | −$10.7k | −$5.96 |
| NOI | $25.0k | $13.91 |
1,800 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$357.7K
$313.0K – $417.3K
NOI $25,039 @ 7.0% cap · market cap 3.23%
Second Best
Flex RnD
$292.0K
$255.5K – $340.7K
NOI $20,442 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$704.2K
$616.1K – $821.5K
NOI $49,291 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Bright Event Rentals — 700 N State Rd 7, Hollywood, FL 33021
- FreshEatz — 6100 Grant St, Hollywood, FL 33024
- royles gourmet — 6468 Pines Blvd, Pembroke Pines, FL 33024
Frequently Asked Questions
What type of property is this?
Flex space - Retail showroom space at the front with warehouse storage area, plus a private bathroom and breakroom.
Where is this flex space located?
The property is located at 5824 Johnson St Hollywood, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Commercial storefront/warehouse built in 1973; Front showroom/storefront layout with warehouse/storage area in the rear; Includes private bathroom, small kitchenette, and dedicated breakroom
