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

$13,000,000

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List Price
$13,000,000
MLS#
A12040396
Lot Size
10,125
Subtype
Retail
County
Broward
Community
Not Found
Year Built
2024

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

Status Label
ACTIVE
Boat Service
Building Only
Cooling
Central Building A/C
Heating
Central Electric
Lot Description
Anchored Center, Shopping Center
Security
Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
Special Information
New Construction
Taxes
$38,189
Unit Number
2-101
Total Floors
1
Stories
1
Boat Services
Building Only

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Calculator source: Real Geeks

Listing Courtesy Of Rotundo Bros Miami Real Estate, Contact: