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1002 E Hallandale Beach Blvd # 2-101, Hallandale Beach, FL 33009

$13,000,000 Beds Baths

Hallandale Beach, FL 33009

Status
Active
Type
Retail
Year Built
2024
Days on Market
4
Lot Size
10,125 sqft
MLS #
A12040396

About This Home

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.

Property Details

Heating
Central Electric
Cooling
Central Building A/C
Property Condition
New Construction

Building & Association

Stories
1
Stories Total
1
Association
No
Security Features
Smoke Alarm, Smoke Detector(s), Fire Sprinkler System

Lot & Construction

Lot Features
Anchored Center, Shopping Center
Lot Size Square Feet
10,125
Waterfront
No
View
No
New Construction
Yes

Public Records

Parcel Number
514227FA0110
Tax Annual Amount
$38,189
Zoning
CCB
County Or Parish
Broward County

Location

Courtesy of Rotundo Bros Miami Real Estate

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