400-408 E Hallandale Beach Boulevard, Hallandale Beach, FL 33009

$4,395,000

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Property Description

This well maintained ±7,613 SF freestanding retail/office property located in the heart of Hallandale Beach, offers an investor and/or an owner user a combination of existing rental income and owner/user flexibility. Prominently situated at the corner of E Hallandale Beach Blvd and SE 4th Avenue, two blocks west of Federal Highway/US- and zoned Central RAC. Featuring 6,600 SF of leasable space, impact windows and doors, solid concrete construction, a diverse mix of long term tenants and no deferred maintenance. The site allows for a variety of commercial uses and currently has a strong mix of office, showroom and service oriented businesses.The prime corridor location provides excellent exposure, convenient access to major roadways, and proximity to dense residential neighborhoods and surrounding commercial activity. Currently approximately 81% leased, with five of six units occupied, the property provides an established income stream while offering 1,250 SF immediately available for an owner-user or additional rental income. Its prominent corner location, versatile multi-tenant configuration, and convenient access to Aventura, Hollywood, I-95, and the beaches make this a compelling opportunity for investors and business owners alike.

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Listing courtesy of Meridian Commercial. Contact:

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Agent: Julie Abolafia | Email: ja@meridian-commercial.com