New Commercial Space in
1006 E HALLANDALE BEACH BLVD # 206 Hallandale Beach, FL 33009
1006 E HALLANDALE BEACH BLVD # 206, Hallandale Beach, FL, 33009
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For Sale
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Brand new commercial space ready for build out in Hallandale.
Property Size1,598 SF
Price / SF$832.29
Days on Market870
Property Features for 1006 E HALLANDALE BEACH BLVD # 206
General Information
- Standard status
- Active
- Size
- 1,598 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 2024
Listing Agency
Bogatov Realty
Listed by
Valeriy Bogatov · License #SL 3265606
Source
Crexi
Added: Feb 28, 2024 Checked: Jul 15 at 10:01 pm
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 Bogatov Realty
Investment Insights
Based on property information with market context.
Available now is a brand new commercial space, presenting an incredible opportunity to build a dream office, shop, or restaurant. Located on Hallandale Beach Blvd, within the Oasis Hallandale, a multi-block district of shops, offices, and restaurants with 95,000 square feet of frontage commercial space, this location is producing Hallandale's first mixed-use destination. The space is in shell/raw condition, ready for build out. Oasis Hallandale is a new development building two 25-floor East and West towers, each with 250 residences. The property is within convenient proximity to Hallandale Beach, Gulfstream Park, Aventura Mall, Hollywood Boardwalk, the Hard Rock Casino, and both FLL and MIA airports. The property size is 1598 square feet.
Key Highlights
- Brand new commercial space in shell/raw condition, ready for custom build‑out.
- Located in Oasis Hallandale, a new mixed‑use destination with 95,000 sq ft of commercial frontage.
- Prime location on Hallandale Beach Blvd, a major city artery.
Local 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 | $72.9k | $45.60 |
| − Vacancy | −$16.4k | −$10.26 |
| EGI | $56.5k | $35.34 |
| − OpEx | −$14.1k | −$8.84 |
| NOI | $42.4k | $26.51 |
1,598 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$605.1K
$529.4K – $705.9K
NOI $42,355 @ 7.0% cap · market cap 3.18%
Second Best
Retail
$386.0K
$337.8K – $450.4K
NOI $27,021 @ 7.0% cap · market cap 2.03%
Theoretical Best
Office A
$810.7K
$709.4K – $945.9K
NOI $56,751 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Brand new commercial space ready for build out in Hallandale.
Where is this retail space located?
The property is located at 1006 E HALLANDALE BEACH BLVD # 206 Hallandale Beach, FL.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Brand new commercial space in shell/raw condition, ready for custom build‑out.; Located in Oasis Hallandale, a new mixed‑use destination with 95,000 sq ft of commercial frontage.; Prime location on Hallandale Beach Blvd, a major city artery.
