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5595 Pembroke Rd 1,616 SF Retail Building Hollywood, FL 33021 $1,200,000 ($742.57/SF) 4.17% Cap Rate
Investment Highlights
- C-3 zoning allows for multiple commercial uses and future repositioning options.
- Prominent frontage of 97 feet along Pembroke Road at a signalized intersection.
Executive Summary
- High Traffic location
- Long term tenant
- Triple Net Lease
- 4 Land plots adjacent also for sale - Zoned for C-3 (price not including plots)
- Adjacent land plots are roughly 10,000 SqFt
- Sellers MOTIVATED
- Long term tenant
- Triple Net Lease
- 4 Land plots adjacent also for sale - Zoned for C-3 (price not including plots)
- Adjacent land plots are roughly 10,000 SqFt
- Sellers MOTIVATED
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,616 SF
Building Class
C
Year Built
1987
Price
$1,200,000
Price Per SF
$742.57
Cap Rate
4.17%
NOI
$50,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.22 AC
Zoning
C-3 - - Commercial
- Lodging
- Office
- Civic
- Civic Support
-Educational
Parking
8 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-41-24-07-1070 | Improvements Assessment | $429,170 |
| Land Assessment | $115,990 | Total Assessment | $551,720 |
Property Taxes
Parcel Number
51-41-24-07-1070
Land Assessment
$115,990
Improvements Assessment
$429,170
Total Assessment
$551,720
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Contact the Sale Advisor
5595 Pembroke Rd