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    6805-7035 Taft St Hollywood, FL 33024

    For Lease
    $23 SF/Yr

    Thriving Retail Center, High Traffic

    Lot size:
    210,864 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Hollywood Palms Shopping Center presents a prime retail investment opportunity in Broward County. This established, single-story, 210,864 square foot shopping center, built in 1963 and renovated in 2000, features 37 suites and boasts a strong tenant roster including national brands like Publix, Walgreens, and Dollar General. Currently, 6,640 square feet of space is available for lease. The center is strategically located on Taft Street, minutes from the Florida Turnpike and I-95, ensuring high visibility and accessibility. With over 1,100 parking spaces and situated on 22 acres of land, the center benefits from significant daily traffic exceeding 42,000 vehicles. The C-3 zoning in the Hollywood area, combined with its proximity to a population of over 440,000 residents within a 5-mile radius, makes this a highly desirable location for retailers. The property's APN is 51-41-11-30-0010. This supermarket-anchored center offers a unique blend of established tenants and leasing potential, making it an exceptional investment prospect. The property includes one building with no elevators.

    Property Features for 6805-7035 Taft St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    210,864 SF
    Total Rate
    404156

    Building Details

    Year Built/Renovated
    1963/2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 6975
    Size
    4,300 SF
    Rate per SF
    $23

    HighLights

    • Hollywood Palms Shopping Center, a 210,864 SF retail center in Broward County.
    • The property features 37 suites totaling 210,864 square feet, with 6,640 square feet currently vacant.
    • Located on a 22‑acre site, the single‑story building was constructed in 1963 and renovated in 2000.
    • Ample parking is available with 1,101 spaces.
    • The property is zoned C‑3, Hollywood and has an APN of 51‑41‑11‑30‑0010.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    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
    -80.2269031
    Latitude
    26.0253222

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    FAQs

    What type of property is this?
    Lifestyle center - Thriving Retail Center, High Traffic
    Where is this lifestyle center located?
    The property is located at 6805-7035 Taft St Hollywood, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Hollywood Palms Shopping Center, a 210,864 SF retail center in Broward County.; The property features 37 suites totaling 210,864 square feet, with 6,640 square feet currently vacant.; Located on a 22-acre site, the single-story building was constructed in 1963 and renovated in 2000.
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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
    6805-7035 Taft St Hollywood, FL 33024
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