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$560.37
Days on Market1284
Property Features for 6100 Hollywood Blvd
General Information
Standard status
Active
Size
107,073 SF
Class
A
Lot size
5.00 Acres
Property subtype
Office
Occupancy
90%
Lease Type
Modified Gross
Site & Location
Neighborhood
Beverly Park
Building Details
Stories
7
Tenancy
Multi
Listing Agency:
WGS Realty
Listed By:
Barry Katz · License #FL 3354358
(954) 326-5716
Source:
Crexi
Added: May 2, 2023
Changed: Nov 4
Last Checked: Nov 4 at 1:35PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$2,067,044
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$41,340,880
$41.3M
Cap Rate 7%
$29,529,200
$29.5M
Cap Rate 9%
$22,967,156
$23.0M
Market Conditions
NOI Build-Up for 107,073 SF
Gross rent
$3.53M $33.00/SF
− Vacancy
−$777.3K −$7.26/SF
EGI
$2.76M $25.74/SF
− OpEx
−$689.0K −$6.44/SF
NOI
$2.07M $19.31/SF
Area
Hollywood, FL
Vacancy
22.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$41,340,880
Cap Rate 7%
$29,529,200
Cap Rate 9%
$22,967,156
Alternative Uses
Best Use
Office B
$29.53M
$25.84M – $34.45M
NOI $2,067,044 @ 7.0% cap · market cap 3.45%
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 4.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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 $60,000,000.
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.
