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    2500 State Road 7 Hollywood, FL 33021

    Sponsored
    For Lease
    $21 SF/Yr

    Prime Hollywood retail/office opportunity. Multiple suites available.

    Lot size:
    45,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Sheridan Oaks Plaza, located at 2500 N State Rd 7 in Hollywood, Florida (zip code 33021), presents a compelling investment opportunity. This three-building complex, constructed in 1988, offers a total of 45,890 square feet of retail and office space across 13 suites. The property is situated at the northwest corner of SR 441 and Sheridan Street, a high-traffic intersection. SR 441, a major north-south thoroughfare, boasts a diverse range of businesses, including numerous auto dealerships, creating a substantial daytime employee base. The area also benefits from a strong residential population. Individual suites range from a minimum of 860 square feet to a maximum contiguous space of 4,800 square feet, providing flexibility for various business needs. Currently, 6,860 square feet of space is available. The property's single-story design and convenient location make it an ideal choice for businesses seeking high visibility and accessibility. This is a multi-tenant property offering a variety of retail, medical, and office spaces. The property is part of a larger 48,000 square foot neighborhood center.

    Property Features for 2500 State Road 7

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,890 SF
    Total Rate
    80307.5

    Building Details

    Year Built
    1988
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    2560
    Size
    7,200 SF
    Rate per SF
    $21
    Space
    2500
    Size
    1,465 SF
    Rate per SF
    $24
    Space
    2530
    Size
    1,230 SF
    Rate per SF
    $21
    Space
    2552
    Size
    1,147 SF
    Rate per SF
    $21
    Space
    2554
    Size
    1,152 SF
    Rate per SF
    $21
    Space
    2556
    Size
    1,192 SF
    Rate per SF
    $21

    HighLights

    • 48,000 SF shopping center with 45,890 SF of leasable retail and office space across 13 suites.
    • Suitable for retail, medical, and office tenants.
    • Ample parking (5 spaces per 1,000 SF).
    • Located two miles south of the Hard Rock Hotel & Casino.
    • High traffic location with 81,000 cars per day; easy access to major roadways (Florida's Turnpike, I‑595, and State Road 7).
    Property Profile Location Intelligence

    Current Use by Public Records

    Zenith AC Repairs Hvac Contractor AutoZone Auto Parts Car Accessories Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hollywood
    County
    Broward
    State
    Florida
    Longitude
    -80.2028899
    Latitude
    26.1577513

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    FAQs

    What type of property is this?
    Medical space - Prime Hollywood retail/office opportunity. Multiple suites available.
    Where is this medical space located?
    The property is located at 2500 State Road 7 Hollywood, FL.
    What is the lease rate?
    The lease rate is $21-$24 SF/Yr.
    What are key features of this property?
    This property features: 48,000 SF shopping center with 45,890 SF of leasable retail and office space across 13 suites.; Suitable for retail, medical, and office tenants.; Ample parking (5 spaces per 1,000 SF).
    Request Owner's contact information
    2500 State Road 7 Hollywood, FL 33021
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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
    2500 State Road 7 Hollywood, FL 33021
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