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1002 N Federal Hwy

2,550 SF 12% Leased Retail Building Hollywood, FL 33020 £2,738,575 (£1,074/SF) 9% Net Initial Yield

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Investment Highlights

Auto Business and Real Estate for Sale
Turnkey Automotive Repair

Established 30+ year Business
9% Actual Capitalization Rate

Executive Summary

This is a very rare opportunity to purchase a landmark freestanding automotive repair. The property comprises a 3,360-square-foot building on a 10,237 SF fenced-in lot. The sale includes a fully staffed and fully equipped business, poised for a new investor to elevate it further. The business has an annual net income exceeding $315,000 and a consistent annual revenue growth, this rare opportunity comes with all equipment and machinery included.
This is a CONFIDENTIAL sale, all showings are by appointment only! Please do not disrupt current business or any of its employees!

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Auto Repair

Building Size

2,550 SF

Building Class

Year Built

1958

Price

£2,738,575

Price Per SF

£1,074

Net Initial Yield

NOI

£246,472

Percent Leased

12%

Number of Floors

Building FAR

0.24

Lot Size

0.24 AC

Zoning

C-2, Hollywood

Parking

18 Spaces (7.06 Spaces per 1,000 SF Leased)

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Walk Score ®

Very Walkable (83)

Bike Score ®

Very Bikeable (73)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	51-42-10-14-0350	Improvements Assessment	£576,994
Land Assessment	£144,182	Total Assessment	£721,176

PROPERTY TAXES

Parcel Number

51-42-10-14-0350

Land Assessment

£144,182

Improvements Assessment

£576,994

Total Assessment

£721,176

Listing ID: 30736584
Date on Market: 23/01/2024
Last Updated:
Address: 1002 N Federal Hwy, Hollywood, FL 33020

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