Strip Center Fronting High Traffic Area

22598 Hollywood

22598, Hollywood
22598, Hollywood
FOR SALE
Property Type:
Strip Center
Amount:
$1,600,000
Last Verified:
Feb 02, 2021

Extremely well- located 7,700+ Sq. Ft. strip center. The property fronts high traffic area and sits on 12,000+ Sq. Ft. lot. Property has an adequate parking lot with 9 marked asphalt-paved parking spaces and 1 reserved handicap space. Tenants’ parking is in rear of building. There are concrete sidewalk, concrete curb/gutter, storm and sanitary sewers, and underground streetlights. The site is above street grade, and it is served with city water, electricity, telephone, French drains, sanitary and storm sewers.

Map of 22598, Hollywood

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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
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.