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Harding Plaza 1735 N Federal Hwy 6,200 SF 100% Leased 4-Star Retail Building Hollywood, FL 33020 $2,950,000 ($475.81/SF) 6.75% Cap Rate
Investment Highlights
- ±6,200 SF Class A Retail Strip with Value-Add next to Brand-New Wawa
- 2 of 3 Tenants Currently 20% Below Market Offers Additional Upside
- Prime Central East Broward Market Between Fort Lauderdale and Aventura
- 64% Occupancy with Two Easy-to-Lease Bays Offering Quick Stabilization
- 180 Feet of Prime N Federal Highway Frontage, Visible to 31,000+ Vehicles Per Day
- Strong Local Market Fundamentals with Single Digit Vacancy Rates and High Rental Growth
Executive Summary
CBRE Inc., as the exclusive advisor, proudly offers for sale “Harding Plaza”, a
±6,200 SF newly constructed, Class A retail center with direct frontage along N
Federal Highway (US-1) in Hollywood Florida. Harding Plaza offers tremendous
value and upside for a new owner with current occupancy at 64% offering
2 vacant retail bays ready to be leased and shadow anchored by a newly
constructed Wawa to the north of the property.
Harding Plaza benefits from excellent high traffic exposure along N Federal
Highway with over 31,000 vehicles per day and easy ingress/egress with
excellent parking in the rear of the property. The Subject Property provides a
diverse mix of stable tenants and offers additional value through lease up of
the 2 vacant spaces. Local market rents have grown tremendously over the
last several years allowing an investor add value to the asset not only through
lease up but by increasing rental rates as 2 of the 3 in-place leases currently sit
around 20% below market rates.
±6,200 SF newly constructed, Class A retail center with direct frontage along N
Federal Highway (US-1) in Hollywood Florida. Harding Plaza offers tremendous
value and upside for a new owner with current occupancy at 64% offering
2 vacant retail bays ready to be leased and shadow anchored by a newly
constructed Wawa to the north of the property.
Harding Plaza benefits from excellent high traffic exposure along N Federal
Highway with over 31,000 vehicles per day and easy ingress/egress with
excellent parking in the rear of the property. The Subject Property provides a
diverse mix of stable tenants and offers additional value through lease up of
the 2 vacant spaces. Local market rents have grown tremendously over the
last several years allowing an investor add value to the asset not only through
lease up but by increasing rental rates as 2 of the 3 in-place leases currently sit
around 20% below market rates.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
6,200 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$2,950,000
Price Per SF
$475.81
Cap Rate
6.75%
NOI
$198,994
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.54 AC
Zoning
C-2 - Commercial
Parking
22 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
162’ on North Federal Highway
Amenities
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
- -
Advance America began in 1997 as a consumer lender focused on short-term credit products and has grown into a business built around fast access to funds for everyday financial needs. The company offers payday loans, installment loans, cash advances, personal lines of credit, and related money services through online channels and a broad store network. The company is a licensed lender serving customers across multiple states and provides online and in-store lending options.
- Batteries Plus
- Retailer
-
99,999 SF
- -
- -
- LIttle Cesar's
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | 99,999 SF | - | - | ||
| Batteries Plus | Retailer | 99,999 SF | - | - | ||
| LIttle Cesar's | Retailer | 99,999 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-42-10-61-0010 | Improvements Assessment | $1,773,080 (2026) |
| Land Assessment | $472,000 (2026) | Total Assessment | $2,245,080 (2026) |
Property Taxes
Parcel Number
51-42-10-61-0010
Land Assessment
$472,000 (2026)
Improvements Assessment
$1,773,080 (2026)
Total Assessment
$2,245,080 (2026)
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