1922 Tyler St

Hollywood, FL 33020

About this property

The subject property consists of 1,517 SF of office space on a 3,031 SF lot. Currently built out as a general office. This property also works very well for an investor. An investor can lease the property at a market rate of $58.19 p/SF NNN after closing. This will provide a net annual income of $88,274.23 and a 6.8% capitalization rate at full asking price. The zoning allows the building to be expanded to 2 stories / 6,000+ SF with no parking variance needed. Also, residential is permitted above the ground floor. Enjoy all the benefits of a downtown workplace which includes great business retail visibility, desirable employee work­ place location, close proximity to top restaurants and nightlife, major national events, and ample parking.

Features and Additional Information

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$1,299,000 Active
1,517 SQFT

Presented By PPI REALTY

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Brokerage
RE/MAX 5 Star Realty
1-954-361-0000
Listed By John DeMarco
Brokerage: RE/MAX 5 Star Realty

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