Strip Center Fronting High Traffic Area 100% Occupied

Hollywood, FL 33023

Hollywood, FL, 33023
Hollywood, FL, 33023 Hollywood, FL, 33023
Property Type:
Strip Center
$1,500,000 to $1,600,000
Last Verified:
Aug 24, 2021

Green Tree Commercial is pleased to present 5,230 Sq. Ft. strip center with 20,898 Sq. Ft. land. Property has 133 feet fronting high traffic Pembroke Road in Hollywood with a 41,000 daily traffic count. This is a one-story building in a C-3 zoning and was built in 1975. Strip center has 9 bays and 7 tenants. Property is 100% occupied. Some tenants have been at the center for over 10 years. Property has passed the 40-year recertification on February 21, 2019. All bays have individual electric meters, and the tenants pay their own electricity except tenants in bay 6507, due to the fact, owner uses their electricity for the camera system. Property has 1 water meter. Investment has a septic tank. Property has 24 parking spaces. Owner indicates strip center is 5,400 Sq. Ft. For additional information contact Claudia Bettini at 305-609-7389

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.