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    840 State Road 7 Hollywood, FL 33024

    For Lease
    $18 SF/Yr

    Prime Retail, Multiple Units, SW Broward

    Lot size:
    77,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located in the vibrant Hollywood submarket of Broward County, specifically on State Road 7 just south of Hollywood Boulevard. The property, known as Hollywood Shopping Center, offers a total of 77,000 square feet of retail space within a multi-tenant building. Currently, two showroom spaces are available, providing flexible options for businesses seeking high-visibility locations. One space measures 2,500 square feet, while the other offers a more substantial 8,130 square feet. The strategic location on a major thoroughfare ensures high traffic volume and excellent exposure to potential customers. This makes it an ideal location for businesses seeking to establish a strong presence in a thriving commercial area. The property's size and layout offer significant potential for a variety of retail uses, catering to businesses of different scales and needs. The Hollywood Shopping Center presents a compelling investment opportunity in a dynamic and growing market. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime retail space offers. The property is situated within the SW Broward submarket cluster, providing easy access to major transportation routes and a diverse customer base. This is a rare chance to secure a prominent retail presence in a highly sought-after location.

    Property Features for 840 State Road 7

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    77,000 SF
    Total Rate
    118708.33

    Unit(s) available at that property

    Space
    850
    Size
    2,500 SF
    Rate per SF
    $23
    Space
    840
    Size
    8,130 SF
    Rate per SF
    $18

    HighLights

    • 77,000 square foot retail showroom in Hollywood, Broward County.
    • Multiple tenancy with two available spaces ranging from 2,500 to 8,130 square feet.
    • Located on SR 7, just south of Hollywood Boulevard.
    • Situated in the SW Broward submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2088554
    Latitude
    26.0040619

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail, Multiple Units, SW Broward
    Where is this individual retail property located?
    The property is located at 840 State Road 7 Hollywood, FL.
    What is the lease rate?
    The lease rate is $18-$23 SF/Yr.
    What are key features of this property?
    This property features: 77,000 square foot retail showroom in Hollywood, Broward County.; Multiple tenancy with two available spaces ranging from 2,500 to 8,130 square feet.; Located on SR 7, just south of Hollywood Boulevard.
    Request Owner's contact information
    840 State Road 7 Hollywood, FL 33024
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    Hollywood, FL 33024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    840 State Road 7 Hollywood, FL 33024
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