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In-PersonVirtual Tour
$ 5,000,000
Est. payment | /mo
8,759 SqFt
$ 5,000,000
Est. payment | /mo
8,759 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,759 sqft
Price per Sqft $570
MLS Listing ID A11816749
HOA Y/N No
Year Built 1957
Annual Tax Amount $38,898
Contingent Pending Inspections
Lot Size 0.600 Acres
Property Sub-Type Office
Property Description
Fausto Commercial proudly presents a prime single-tenant medical office investment located at 750 S Federal Hwy in Hollywood, FL. Priced at $5,000,000, the 8,759 SF building sits on a combined 26,141 SF of land, which includes an adjacent 5,455 SF parking lot. The property is leased to a stable medical tenant under a NNN lease, currently generating $255,000 in annual income with a 2.5% yearly increase over the next five years. This offering provides investors with secure cash flow, built-in rent escalations, and long-term upside potential in a high-demand location. Seller financing available with attractive terms!
Location
State FL
County Broward
Area 3050
Interior
Heating Central
Cooling Central Air
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 514215016740
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11816749
Listed by Fausto Commercial Realty Consultants Inc
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