$2,900,000
$3,400,000
14.7%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Hollywood, FL 33023
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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Bought with Atlantic Florida Realty Inc