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750 S Federal Hwy
Hollywood, FL 33020
Prime Triple Net Medical Office · Office Property For Sale
Investment Highlights
- Stable NNN tenant generating $255,000 annually with guaranteed 2.5% rent increases over the next five years.
- This offering delivers secure cash flow, built-in rental growth, and strong long-term upside in a high-demand location.
- The building sits on a total of 26,141 SF of land, including a 5,455 SF adjacent parking lot, which is included in the deal.
- Seller Financing Available at Attractive Terms!
Executive Summary
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 at attractive terms!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,759 SF
Building Class
C
Year Built
1957
Price
$4,500,000
Price Per SF
$513.76
Cap Rate
5.67%
NOI
$255,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,759 SF
Building FAR
0.43
Lot Size
0.47 AC
Opportunity Zone
Yes
Zoning
FH-2 - Federal Highway Medium-High Intensity Mixed-Use District. This zoning designation allows for a mix of residential and commercial uses
Parking
45 Spaces (5.14 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 51-42-15-01-6740 | Improvements Assessment | $1,389,700 |
| Land Assessment | $413,720 | Total Assessment | $1,803,420 |
Property Taxes
Parcel Number
51-42-15-01-6740
Land Assessment
$413,720
Improvements Assessment
$1,389,700
Total Assessment
$1,803,420
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