1006 EAST HALLANDALE BEACH BLVD #4-101, Hallandale Beach
$9,600,000 USD
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| Address | 1006 EAST HALLANDALE BEACH BLVD #4-101, Hallandale Beach |
| Type of Property | Retail |
| Type of Business | Restaurant / Bar, Retail Space |
| Business Location | Central Business District |
| Property Style | Retail |
| Price | $9,600,000 |
| Property Status | Active |
| MLS Number | A11802932 |
| Property Size | 6358 |
| Lot Size | 6358 |
| Year Built | 2024 |
| Folio Number | 514227FC0050 |
| Net Operating Income | $576,035 |
| Days on Market | 123 |
Detailed Description: Retail NNN Investment Opportunity. ONE Sotheby’s Int’l Realty is pleased to present this Class A, new construction retail commercial condo deal w / Tenant in place at closing. Leased to internationally acclaimed Italian restaurant Signor Sassi. Long-term lease with options. Tenant currently building out; opening planned for end of summer 2025. Attractive CAP rate with full HOA pass-through to tenant. Close now and Seller will extend a rent guarantee until Tenant rent commencement. Rare chance to own a Class A retail asset in a premier development with a globally recognized tenant.
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Address Information
| State | Florida |
| City | Hallandale Beach |
| County | Broward County |
| Zip Code | 33009 |
| Address | 1006 EAST HALLANDALE BEACH BLVD |
| Business Location | Central Business District |
| Section | 27 |
| Zip Code (4 Digits) | 4415 |
Financial Information
| Price | $9,600,000 |
| Price per Foot | $0 |
| Folio Number | 514227FC0050 |
| Net Operating Income | $576,035 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Retail NNN Investment Opportunity. ONE Sotheby’s Int’l Realty is pleased to present this Class A, new construction retail commercial condo deal w / Tenant in place at closing. Leased to internationally acclaimed Italian restaurant Signor Sassi. Long-term lease with options. Tenant currently building out; opening planned for end of summer 2025. Attractive CAP rate with full HOA pass-through to tenant. Close now and Seller will extend a rent guarantee until Tenant rent commencement. Rare chance to own a Class A retail asset in a premier development with a globally recognized tenant. |
| Year Built Description | New Construction |
| How to Reach | I-95 to Hallandale Beach Blvd, go East development is on the right |
| Cooling Description | Central Building A / C |
| Heating Description | Central Electric |
| Water Description | Public |
| Parking Description | Common |
Property parameters
| Living Area | 6358 |
| Lot Size | 6358 |
| Total Acreage | 0.000 |
| Maximum Leasable Size | 6358 |
| Year Built | 2024 |
| Type of Property | Retail |
| Type of Business | Restaurant / Bar, Retail Space |
| Style | Retail |
| Stories Number | 1 |
| Street Direction | East |
| Listed with | One Sotheby’s International Realty |