Hollywood, FL 33023,Address not disclosed

$2,900,000

Est. payment /mo

$3,400,000

14.7%
Est.Price: ?

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Address not disclosed Hollywood, FL 33023

SOLD DATE : 04/29/2022

Key Details

Sold Price $2,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID A11051443

Sold Date 04/29/22

HOA Y/N No

Tax Year 2020

Contingent Pending Inspections

Property Description

Accredited day care center, preschool in South Broward. Offers Infant/Toddler Care, Pre-school, after school and summer camp programs. Currently operating at approx. 25% capacity. Weighted 4 year average = 7.9 CAP Rate. Management and teachers in place. Provides daily breakfast, lunch and snacks via state approved vendor. Established for more than half a century with same ownership and management in place for the past 24 years. Sale includes the business and real estate together. This is also a redevelopment opportunity. Full corner block on major heavily traveled thoroughfare. Zoned B-2. Traffic count of more than 35,000 cars passing daily. Population of more than 500,000 people within a 5 mile radius of the property. Building approx 10,000 SF and total property size 1.31 acres.

Location

State FL

County Broward County

Area 3080

Direction This listing is confidential. Please contact listing agent for NDA - Confidentiality agreement. Please respect the confidentiality of this listing and do not contact the owner, employees or clients directly.

Exterior

Private Pool Yes

Others

Financing Conventional

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Listed by Suncoast Business Consultants
Bought with Atlantic Florida Realty Inc
agent

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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