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

$13,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$13,000,000
MLS#
A12040396
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
143
Tax Amount
$38,189
Water Access
Building Only
Parcel Number
514227FA0110
Lot Size
10,125
Address
1002 E Hallandale Beach Blvd Unit #2-101, Hallandale Beach
Year Built
2024
Section
27
Special Information
New Construction

Thinking about selling or just curious what your home may be worth? Start with your address below.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Rotundo Bros Miami Real Estate, Contact: