NNN NAPA Auto Parts Center
Hollywood, FL
Contact: Dinah Ana Darcy
C: 954-336-0084
F: 954-944-1830
Solidinvestments2@gmail.com
 

 
*Pro-Forma
Primary Type:
Retail
Price:
$2,916,570
NOI: $208,705
CAP Rate: 7.16%
Occupancy: 100%
Building Size:
11,653 ± SF
Year Built:
1980
Net Lease Investment:
Yes
Date Last Verified:
6/25/2008



Property Description:
100% leased Strip Center, anchored by NAPA Auto Parts (corporate guarantee with $2.5B Net Worth) who occupies 50% of the building. NNN leases with limited landlord obligations, located in Hollywood, FL. Strong National and Local Tenant Mix with Aggressive Rental Increases. Tenants include NAPA Auto Parts, Subway, Metro PCS & more!

NAPA - 5 Year NNN Lease | SF Occupied: 5,653 ± SF | Lease Expires: 2/29/2013 | 5% Annual Bumps!

Location:
Excellent South Florida Location on Hollywood Blvd!

**For more information on this property, please click the link that applies below
and complete the confidentiality agreement.**

 
Financial Summary  

Actual
Gross Scheduled Income:   $206,573
   Plus Recapture - NNN   $63,104
Effective Gross Income:   $265,208
   Less Expenses:   $60,972
NOI   $208,705
CAP Rate   7.16%
 
  • Excellent South Florida Location!
  • NNN Leases with Aggressive Rental Increases
  • 11,653 ± SF Retail Center on Hollywood Blvd.
  • Strong National and Local Tenant Mix!
  • Tenants include NAPA Auto Parts, Subway & more!
  • Limited landlord obligations
 
   
Additional Photos
  
 
   
 
   
 
   

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The properties shown on this website may or may not be exclusively listed by Solid Investments of Realty Associates Florida Properties.
All information shown on www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.

  
Solid Investments of
Realty Associates Florida Properties
3087 E. Commercial Blvd. Ft. Lauderdale, FL 33308