Property profile

2215 N Federal Hwy Hollywood, FL 33020

FOR LEASE
Turn key restaurants
Property ID
US18-4270661
5,467 SF 0.44 ac lot Built 1957
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,000 square foot retail building is ideally situated on US Highway 1 in Hollywood, Florida, boasting direct frontage and benefiting from a high daily traffic count of over 154,000 vehicles. The property features a single-tenant occupancy, two bathrooms, and a brand-new air conditioning system. Impact windows provide added security and durability. Ample parking is available for customers and employees. The FH-2 zoning allows for a wide range of uses, including retail, office, medical, museum, and art gallery spaces, offering significant flexibility for potential tenants. Its convenient location is within walking distance of numerous apartment complexes and is surrounded by popular retail establishments. The property enjoys proximity to Downtown Hollywood and Dania Beach, with easy access to A1A and Interstate 95. The building will be delivered turnkey, ready for immediate occupancy. The lease is a triple net lease with additional common area maintenance (CAM) charges. The property's APN is 514210210370.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1957
Construction CONCRETE
Total area 5,467 SF
Lot 0.44 ac (19,011 SF)
Zoning code FH-2
APN 51-42-10-21-0370
UPID US18-4270661

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2215 N Federal Hwy Hollywood, FL 33020
Hollywood metro Census 90304 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$485k

Owner & transaction history

since 2017
3 recorded transactions
2017
$940,000
2017
Price N/A
2013
Price N/A

Zoning & alternative use

FH-2 · Hollywood, FL
Zoning description

FH-2 - Federal Highway Medium-High Intensity Mixed-Use District Uses Main Permitted Uses Accessory Uses Special Exception Uses Prohibited Uses Adult Educational Facilities 1 Amusement Uses (Indoor and Outdoor) Antique, C…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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