For Sale
$2,400,000

3800 Ocean Dr Hollywood, FL 33019

Prime Industrial Flex Space, High ROI Potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 1973-built, 3,300 square foot flex space located at 3800 S Ocean Dr #G7, Hollywood, Florida 33019, in Broward County. Offered at $2,400,000, this property boasts an absolute NNN lease structure, eliminating landlord responsibilities. The current tenant, an investment-grade entity, has occupied the premises for over 30 years, demonstrating remarkable tenant longevity and stability. The tenant maintains an extremely high FDIC deposit, further mitigating risk. This turnkey investment requires no disruption to the existing tenant, ensuring a seamless transition for the new owner. The property's industrial classification and flex space functionality provide versatility for a range of potential uses. Its strategic location in Hollywood, Florida, offers convenient access to major transportation routes and a thriving business community. This is a rare opportunity to acquire a low-maintenance, high-return investment property with a long-standing, financially secure tenant. The property's strong financial performance and minimal management requirements make it an attractive addition to any diversified portfolio. Detailed financial information is available upon request. This is an exceptional opportunity for passive income generation with minimal operational overhead.

Property Details for 3800 Ocean Dr

Property type
Industrial properties, Flex space
Year Built
1973

Location Insight

City
Hollywood
County
Broward
State
Florida
Latitude
25.9890483
Longitude
-80.1200567

FAQs

What type of property is this?
Industrial property - Prime Industrial Flex Space, High ROI Potential.
Where is the industrial property located?
The property is located at 3800 Ocean Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $2,400,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3800 Ocean Dr
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