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1010 N Federal Hwy 4,332 SF 100% Leased Industrial Building Hallandale Beach, FL 33009 $3,700,000 ($854.11/SF) 5.01% Cap Rate
Investment Highlights
- Strong traffic exposure and accessibility
- Long-term appreciation potential
- 3% Annual Rent Increase
- High-demand South Florida commercial corridor
- Stable cash flow investment opportunity
Executive Summary
1010 N Federal Hwy represents a premier net-leased investment opportunity located along one of South Florida’s most active commercial corridors. The property consists of a fully leased retail/commercial asset totaling 4,332 square feet with two established Triple Net (NNN) tenants, providing stable and predictable passive income with minimal landlord responsibility.
The asset generates a strong annual net operating income of approximately $185,324 under a true NNN lease structure where tenants are responsible for taxes, insurance, maintenance, and operating expenses.
Its strategic location on Federal Highway offers exceptional visibility, strong traffic counts, excellent demographics, and long-term appreciation potential within a rapidly growing South Florida market.
Fully leased 4,332 SF commercial asset
Two established Triple Net (NNN) tenants
Passive investment with zero landlord operational responsibility
Net annual income: $185,324
Prime frontage on Federal Highway
Strong traffic exposure and accessibility
High-demand South Florida commercial corridor
Long-term appreciation potential
Stable cash flow investment opportunity
The asset generates a strong annual net operating income of approximately $185,324 under a true NNN lease structure where tenants are responsible for taxes, insurance, maintenance, and operating expenses.
Its strategic location on Federal Highway offers exceptional visibility, strong traffic counts, excellent demographics, and long-term appreciation potential within a rapidly growing South Florida market.
Fully leased 4,332 SF commercial asset
Two established Triple Net (NNN) tenants
Passive investment with zero landlord operational responsibility
Net annual income: $185,324
Prime frontage on Federal Highway
Strong traffic exposure and accessibility
High-demand South Florida commercial corridor
Long-term appreciation potential
Stable cash flow investment opportunity
Property Facts
| Price | $3,700,000 | Building Class | C |
| Price Per SF | $854.11 | Lot Size | 0.37 AC |
| Sale Type | Investment NNN | Rentable Building Area | 4,332 SF |
| Cap Rate | 5.01% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Service | Parking Ratio | 3.23/1,000 SF |
| Zoning | CENTRAL RA - CENTRAL RA | ||
| Price | $3,700,000 |
| Price Per SF | $854.11 |
| Sale Type | Investment NNN |
| Cap Rate | 5.01% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 4,332 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 3.23/1,000 SF |
| Zoning | CENTRAL RA - CENTRAL RA |
Utilities
- Lighting
- Water
- Sewer
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Prestige Auto Repair
- -
- 2,348 SF
- $50.00
- Triple Net
- May 2030
- SMS2 INC
- -
- 1,984 SF
- $34.00
- Triple Net
- Feb 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Prestige Auto Repair | - | 2,348 SF | $50.00 | Triple Net | May 2030 | |
| SMS2 INC | - | 1,984 SF | $34.00 | Triple Net | Feb 2028 |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 51-42-22-13-1330 | Improvements Assessment | $293,400 |
| Land Assessment | $643,520 | Total Assessment | $936,920 |
Property Taxes
Parcel Number
51-42-22-13-1330
Land Assessment
$643,520
Improvements Assessment
$293,400
Total Assessment
$936,920
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1010 N Federal Hwy
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