123 Auto Care Hwy Hollywood, FL 33020
- Retail properties
- 3,360 SF
Current Use by Public Records
- Retail properties
Property Details for 123 Auto Care Hwy
- Property size
- 3,360 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a fully operational, freestanding automotive repair shop in Hollywood, Florida. The 3,360-square-foot building sits on a 10,237-square-foot fenced lot, offering ample space and 12 parking spaces. Currently generating a Net Operating Income (NOI) exceeding $315,000, this established business boasts a 9% capitalization rate and a strong history of consistent revenue growth. All equipment and machinery are included in the sale price of $3,500,000 ($1,041.67 per square foot). The property is offered as a Triple Net (NNN) lease, with a single tenant. This turnkey operation is ideal for an investor seeking a high-return, established business with significant upside potential. The sale is confidential, and showings are by appointment only to avoid disruption to the ongoing business. This is a rare opportunity to acquire a landmark automotive repair facility with a proven track record of success. The business has been operating for over 30 years. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hollywood
- County
- Broward
- State
- Florida
- Longitude
- -80.1436
- Latitude
- 26.0201
