Property summary
This exceptional retail property, located at 7201 Sheridan Street in Hollywood, Florida, presents a lucrative investment opportunity. Built in 1986, this established center boasts a diverse range of income-generating businesses operating within its walls. The property includes a gas station, a convenience store, a cafeteria, a car wash, an ATM, and a lottery retailer. The current tenants benefit from a beer and wine license, and the property operates on a 24-hour schedule, maximizing revenue potential. The property is situated in Broward County, Florida, with a zip code of 33024, offering excellent visibility and accessibility for customers. Its prime location in Hollywood ensures high foot traffic and consistent customer flow. The asking price for this turnkey retail investment is $2,900,000. This property represents a strong investment opportunity for those seeking a well-established, high-performing retail center in a desirable location. The diverse tenant mix and 24-hour operation contribute to a stable and consistent income stream. The property's existing infrastructure and established clientele provide a solid foundation for future growth and profitability. This is a rare opportunity to acquire a thriving retail center in a high-demand area.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
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Bank Credit Union
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Atm
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Gas Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
D. C-4 Medium/High Intensity Commercial District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses District Purposes Main Permitted Uses Special Exception Access…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Hollywood, FLD. C-4 Medium/High Intensity Commercial District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses District Purposes Main Permitted Uses Special Exception Access…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
D. C-4 Medium/High Intensity Commercial District. 1. Purpose and uses: District Purposes Main Permitted Uses Special Exception Accessory Uses Prohibited Uses District Purposes Main Permitted Uses Special Exception Access…
What can be built and operated here — officially.
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