1812 - 1816 N Dixie Hwy, Hollywood FL 33020

This 8,260 sf flex space building is a perfect blend of retail and true industrial situated on a 14,356 sf lot. This building is currently 100% occupied by 4 tenants with an under market rental rate. A new investor can re­tenant this property at a conservative rates of $18 a foot net which will provide a strong annual net income of $143,985.09. This pro­forma NOI will provide an investor with a strong 7.2% capitalization rate at the full asking price of $2,000,000. Enclosed in this package lease analytics showing resent comparable leases are as hight as $23 p/sf Net. This property will also work for an owner user looking to relocate in East Hollywood. Liberal new DH­3 zoning permits most uses and encourages new developments with generous height restrictions.