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Charlie Skandrani

Capital Commercial Real Estate Group

Office Phone: 954-455-3366

Cell Phone: 786-488-3434

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Published on: Friday, April 25, 2014 1:38:42 PM
Updated on: Friday, April 25, 2014 1:38:42 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: BZ-Florida-30790

Status: Accepting Offers

Year Established: 1958

Property Available for Sale: Yes

Owner Financing Available: Yes

 

Assets Or Equipment: Yes

Inventory Included In Price: Yes

Inventory Value: 0

Offered as Millionaire Club: No

Remaining Lease Years: 0

Net Operating Income: $103,913.00

No. of Options Available for Lease: 0

Years Available for the Lease: 0

Employee Count: 0

Training Duration: 0 Weeks

Is Existing Franchise: Yes

 Details

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 10.41

Commission Split (%): 2

Complete Details


Year Established: 1958

Training Duration: 0 Weeks

Existing Franchise?: Yes

Training Required: No

No of Options Available for lease: 0

Remaining Lease Years: 0

Property Available for Sale?: Yes

Owner Financing Available?: Yes

Real Estate Included?: No

Total Employee: 0

Years Available for Lease: 0

Inventory: Yes

Inventory Value: 0.00

Inventory Price Included in Asking Price?: Yes

Assets or Equipment?:

Detail Description

Great Investment Property with frontage on the corner of Dixie Highway and Johnson Street. This 14,000 Sq. Ft. property is walking distance from Downtown Hollywood. There is a 6,000 Sq. Ft. freestanding retail building leased out to Benjamin Moore Paint retail store. The business is included in the sales price. There are also six (6) additional 1,250 Sq. Ft. warehouse bays with zoning for a variety of uses and are all leased out separately. All tenants have separate electric meters and pay all their own utilities. Up to 100% financing available to an owner user of this property. A new owner can utilize the retail space and collect rent from the warehouses to pay off the mortgage and make a profit.<br/><br/>This property is located in one of the most desired real estate markets in South Florida and is centrally located between Miami and Fort Lauderdale minutes from I-95. Hollywood boasts the distinction of being selected as an All-America City by the National Civic League and one of Money Mag

Reason for Selling:

Potential Growth:

This property is located in one of the most desired real estate markets in South Florida and is centrally located between Miami and Fort Lauderdale minutes from I-95. Hollywood boasts the distinction of being selected as an All-America City by the National Civic League and one of Money Magazine's 100 Best Places and a City of the Future.

Franchise Description:

Benjamin Moore franchise included in price

Weekly Operating Hours:


Working Day Weekday Start Time End Time Updated
Monday
-
-
Tuesday
-
-
Wednesday
-
-
Thursday
-
-
Friday
-
-
Saturday
-
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Sunday
-
-
Weekdays operating hours for listings

Actual Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2013
$134,400.00
$0.00
$30,487.00
$103,913.00
$0.00
0%
Cash Flow for Current Listings

Listing Documents


 Download | Financial Statement ( 74.31KB)

 Download | Financial Statement ( 44.23KB)

Contacts


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