Hollywood Blvd Investment
For Sale
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6100 Hollywood Blvd, Hollywood, FL 33024
Prime investment with development potential in Hollywood, Florida.
Property Size107,073 SF
Lot Size5.00 Acres
Price / SF$466.97
Days on Market1190
Property Features for 6100 Hollywood Blvd
General Information
Standard status
Active
Size
107,073 SF
Lot size
5.00 Acres
Property subtype
Office
Listing Agency:
WGS Realty
(954) 284-3400
Listed By:
Barry Katz · License #FL 3354358
Source:
Crexi
Added: May 2, 2023
Changed: Jul 10
Last Checked: Aug 2 at 9:02AM
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 WGS Realty
Investment Insights
Based on property information with market context.
Located in Hollywood, Florida, the property at 6100 Hollywood Blvd presents an investment opportunity with a nearly 6% net operating income return. The property benefits from a location on a high-visibility corridor with substantial traffic. Established tenancy provides immediate cash flow, while recent site plan approvals allow for the construction of an additional 10,200 square foot free-standing building, potentially increasing the asset's value. An adjacent 5-acre parcel is available for acquisition, offering the opportunity to assemble a larger development footprint. The property is situated on a site of 107,073 square feet.
Key Highlights
- Nearly 6% net operating income (NOI) provides immediate cash flow.
- Approved for construction of an additional 10,200 sf free‑standing building, unlocking further income potential.
- High‑traffic location with strong retail fundamentals.
Financial Insights For Office B
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 | $3.53M | $33.00 |
| − Vacancy | −$777.3k | −$7.26 |
| EGI | $2.76M | $25.74 |
| − OpEx | −$689.0k | −$6.44 |
| NOI | $2.07M | $19.31 |
107,073 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$29.53M
$25.84M – $34.45M
NOI $2,067,044 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$41.89M
$36.65M – $48.87M
NOI $2,932,087 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Prime investment with development potential in Hollywood, Florida.
Where is this office building located?
The property is located at 6100 Hollywood Blvd Hollywood, FL.
What is the asking price?
The asking price for this property is $50,000,000.
What are key features of this property?
This property features: Nearly 6% net operating income (NOI) provides immediate cash flow.; Approved for construction of an additional 10,200 sf free‑standing building, unlocking further income potential.; High‑traffic location with strong retail fundamentals.
