Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Strategically located on a busy intersection of 441 and Johnson St in Hollywood Fl. Close proximity to the Florida Turnpike and I­­95. The subject property consists of 3 retail units totaling 1,964 SF.rnThe property is currently 100% occupied with 3 legacy tenants. Property is currently grossing $81,000 per year, netting $68,165.17 a year. An investor can bring the tenant to market rate after closing. This will raise net annual income to $91,400 which will provide an investor with a strong 7.62% capitalization rate at full asking price.

Address Details
FL
Broward County
Hollywood
33021
5958 Johnson St
0
Other
0
1
: Sale
$7,235

Commercial Sale For Sale

5958 Johnson St, Hollywood, Florida 33021

5,698 Sqft
$1,200,000
Listing ID #A11271809
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11271809
Price : $1,200,000
Year Built : 1955
Lot Area : 5,698 Sqft
Building Area : 1,964 Sqft
Status : Active
Property SubType : Retail
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