Alo Gas 815 N Federal Hwy 2,281 SF Retail Building Hollywood, FL 33020 $3,492,004 ($1,530.91/SF) 6.25% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single-tenant, net-leased Alo Gas Station and Convenience Store located at 815 North Federal Highway in Hollywood, Florida (“the Property”). The Property consists of a 2,281 square foot freestanding building with 8 fueling stations on a 0.45-acre corner lot. Alo Gas has a new 25-year Absolute NNN Lease with two (2), 10-year renewal options. The lease calls for attractive 2% annual increases in rent throughout the primary lease term and renewal options.
Alo Gas Station & Convenience Store at 815 N Federal Highway is prominently located at the signalized intersection of North Federal Highway and Johnson Street, a major commercial corridor with high daily traffic counts. The Property benefits from strong visibility and accessibility in the heart of Downtown Hollywood, just minutes from Young Circle and Hollywood Beach. It is surrounded by a dense concentration of national retailers and restaurants including CVS, Walgreens, AutoZone, Publix, and Starbucks, all of which contribute to consistent vehicular and pedestrian traffic. The area is also characterized by a high residential population, with numerous apartment complexes and single-family neighborhoods in close proximity, offering a steady and reliable customer base throughout the day.