1002 E Hallandale Beach Boulevard 2101

Listing Snapshot

Price

$13,000,000

Days on Site

5 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

10,125 sqft

Lot Size

0.23 Acres

Year Built

2024

Property Type

Commercial

MLS #

A12040396

Property Tax

$38,189

County

Broward

Status

Active

Special Conditions

Corporate Listing

About This Property

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.

General Features

Property Type

Commercial

Status

Active

Year Built

2024

Property Condition

New Construction

New Construction

Yes

Number of Stories

1

Lot Size (Acres)

0.23

Total Sq Ft

10,125

Structure Type

Retail

Sewer

Public Sewer

Water Source

Public

Zoning

CCB

Interior Features

Cooling

Central Air

Heating

Electric

Community & HOA

Community Features

Shopping

Security

Fire Alarm / Fire Sprinkler System / Smoke Detectors

Financing Terms

Cash / Conventional / Exchange1031 / Lease Back

MLS Area

3040