6140-6144 Hollywood Blvd, Hollywood, FL 33024 - Hollywood Retail Strip

Listing Images

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List Price

$2,000,000

PSF

$312

Cap Rate

7.87%

PPSF

$312

Lot Size

14,730 SF

Key Highlights

Value-Add Opportunity - All tenants occupy month-to-month or short-term leases at well below-market rents (~$14.95/SF Gross), offering significant upside to increase income by adjusting rents toward current market rates, $25–$30/SF Net.

Strong Traffic Exposure - Situated along Hollywood Blvd with approximately 51,000 vehicles per day and two pylon signs, the property provides excellent visibility and accessibility.

Flexible Configuration - The 6,346 SF building is divided into three retail units ranging from 1,600 to 3,200 SF, including one contiguous 3,200 SF space that can be subdivided, providing leasing flexibility ideal for local service and retail tenants

Prime Location & Transit Access - Positioned just off Florida Turnpike (SR 91) Northbound at Exit 49 for convenient northbound access to Orlando and southbound access to Miami. The property is within the Transit Oriented Corridor, with a bus stop directly in front, and is located 0.23 miles from future Memorial Regional Hospital $670 million Expansion, 3.3 miles from Seminole Hard Rock Hotel & Casino, and 4.3 miles from Downtown Hollywood Boulevard shops and restaurants

Dense Trade Area - 23,375 Residents within a One-Mile radius

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Review Documents

6140-6144 Hollywood Blvd, Hollywood, FL 33024 - Hollywood Retail Strip

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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap (including Marcus & Millichap Real Estate Investment Services, Inc. and its affiliated entities and subsidiaries) and distribution to any other person or entity without the express written consent of Marcus & Millichap is strictly
prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Marcus & Millichap has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all the information set forth herein.

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