About This Restaurant
Investment Highlights
Day time traffic count 21,000 cars daily
Executive Summary
This freestanding property consists of 2,772 square feet, and it is well situated on a 12,146 SF lot. The main building is a 2,772 SF fully built?out restaurant with an outdoor patio. Traffic count exceeds 21k cars per day. The zoning is C?3 Medium Intensity Commercial District zoning allows most commercial uses including nightclubs, cocktail lounges, and bars, as well as general office, medical office, and retail.
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Bar Bar General Retail Restaurant General Retail Storefront Retail/Office Office Medical Bar
- Building Size 2,772
- Building Class C
- Year Built 1961
- Price 1,150,000
- Price Per SF 415
- Cap Rate 6.26
- NOI 72,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.23
- Land Acres 0.28 AC
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
Nearby Amenities & Transportation
Retail | Panda Express | ||
Retail | Hard Rock Cafe | ||
Retail | Outback Steakhouse | ||
Retail | Carrabba?s Italian Grill | ||
Retail | Checkers | ||
Retail | Bank of America | ||
Retail | Sedano's | ||
Retail | ALDI | ||
Retail | TD Bank | ||
Retail | Denny's |
Property Taxes
Parcel Number | 51-41-12-04-0950 | Improvements Assessment | $121,460 (2024) |
Land Assessment | $500,250 (2024) | Total Assessment | $11,912 (4.30/SF) |
Date Created: | 2024-07-16 04:13:34 | Last Updated: | 2024-07-16 04:13:34 |
Address: | 5701 Johnson St , Hollywood, Florida, 33021 |