7035 Taft Street, Hollywood, FL 33024
- $4,300,000
- List Price
- $4,300,000
- Status
- ACTIVE
- Days on Market
- 20
- MLS#
- A12079891
- Subtype
- Commercial Sale
- Year Built
- 1966
- Acres
- 0.53
- Neighborhood
- MRTC - Martin County
- MLS Area Major
- 3100
Property Description
This freestanding commercial building represents an exceptional turn-key investment, and a rare value added opportunity in Hollywood, FL. Operating under a passive Triple Net (NNN) lease, the property delivers immediate, stable cash flow with zero landlord maintenance responsibilities. Cataloged under flexible C-3 zoning allowing for vertical development of up to 7 stories, and boasting an active city pre approval to double its current square footage. This asset is perfectly positioned for forward-thinking investors and developers looking to maximize returns in a high-demand market. - Operating under flexible retail zoning. 100% Leased NNN – Lease ends on 2030 – Lease Term: adjusted based on CPI INDEX.
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Additional Information
- Taxes
- $24,443
- Exterior Construction
- Block
- Parking Features
- Common, Free Parking
Listing courtesy of MGS Brokers. Contact:
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Agent: Mirta Suttin | Email: msuttin@gmail.com