1114 N State Road 7 Hollywood FL 33021
1114 N State Road 7, FL, 33021
$2,250,000
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Basics
- Lot Size Units: Square Feet
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 0
- Year built: 1958
- MLS ID: A11335926
Description
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Description:
This property is conveniently located directly on N State Rd 7/441 and has great visibility and signage consisting of 1,965 SF, and it is well situated on a 6,421 SF lot which includes an additional parking lot.. High traffic area with over 34K cars per day.
Currently leased to a long term restaurant/bar tenant on a NNN lease with minimal landlord responsibilities. The property undergo a significant renovation in 2022 including all brand new HVAC systems, exterior paint and complete renovation of interior. Current lease is thru September 2027 and base rent increases 3% annually.
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Property details
- Total Building Area: 1985
- Lot Size Square Feet: 2625
- Parcel Number: 514112050870
- Lot Size Area: 2625
Property Features
- Covered Spaces: 0
Location Details
- County Or Parish: Broward County
- Zoning Description: C-MU
Fees & Taxes
- Tax Annual Amount: 8341
- Tax Legal Description: HOLLYWOOD BEACH HEIGHTS SEC B 10-22 B LOT 4 BLK 16
Miscellaneous
- Public Survey Section: 12
- Syndication Remarks: Freestanding Restaurant/Bar A+++ Location on US 441/State Rd 7 Long Term NNN Ample Parking
- Business Type: Restaurant
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11335926
Ask our real estate expert about this property
This Business-type commercial real estate is located in 1114 N State Road 7, FL, 33021 was built in 1958, and is listed at $2,250,000.