1002 E Hallandale Beach Boulevard 2-101,Hallandale Beach, FL 33009
Hallandale Beach, FL 33009
Description
Premier 6% Cap NNN Sale-Leaseback | 30-Yr Lease Value | Opportunity Zone. Unparalleled passive income and massive institutional tax-shelter opportunity in South Florida's premier retail corridor! Acquire a pristine trophy commercial retail asset, delivering an immediate, rock-solid 6.00% Cap Rate. This hands-off investment features an absolute Triple Net (NNN) Sale-Leaseback with a 30-year total lease structure. The Tenant covers 100% of rent, insurance, taxes, and maintenance * Elite Tenant: Occupied by KC Market, a highly successful and established premier kosher supermarket operator. Consistently and profitably operating 3 flagship locations across Hollywood, Hallandale, and Boynton Beach. Nestled within the ultra-luxury Oasis Hallandale development, the property benefits from immense neighborhood synergy with Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall driving relentless local and hospitality traffic * Unmatched Wealth-Preservation & Tax Benefits: Ideal for Qualified Opportunity Funds (QOF) looking to utilize a 10-year hold to hedge against the standard ~24% capital gains tax. 1031 Exchange Friendly: A perfect, premium replacement property for investors needing to deploy capital from a recent sale. Cost Segregation: prime candidate for an accelerated depreciation study, allowing the buyer to harvest massive passive losses to offset active gains. Secure a generational, inflation-resistant asset with an elite, long-term tenant already in place.
Details
| MLS # | A12040396 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2024 |
| Days On Site | 134 |
| Listing Provided By | Rotundo Bros Miami Real Estate | Federico Rotundo |
Features
| SQ Feet | 10,125 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | CCB |
| Acreage | 0.23 |
Taxes
| Tax Annual Amount | 38189 |
|---|
Location
| Community Features | Shopping |
|---|
Area Information
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33009) | |
Price: $13,000,000 low | high Med: $168,500 sqft: 10,125 low | high Med: 730 $ / sqft: $1,284 low | high Med: $231 On site: 134 low | high Med: 94.5 | |
Market Activity 33009
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Learn More About This Property
| State | FL |
|---|---|
| County | Broward |
| City | Hallandale Beach |
| Zip Code | 33009 |
| Area | 3040 |
| Subarea | HWEA Hollywood East (3010 3050) |
| Listing VS Median (in 33009) | |
Price: $13,000,000 low | high Med: $168,500 sqft: 10,125 low | high Med: 730 $ / sqft: $1,284 low | high Med: $231 On site: 134 low | high Med: 94.5 | |