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Office

6067 Hollywood Blvd

6067 Hollywood Blvd, Hollywood, FL 33024

Listing Price: $7,100,000

Cap Rate
6.71%
Rentable SF
31,990
Lot Size
1.68 acres
Year Built
1985

Investment Overview

Marcus & Millichap is proud to present 6067 Hollywood Boulevard, a three-story office building located in Hollywood, Florida. The property consists of approximately 31,990 square feet of rentable space and is situated on a 1.68-acre parcel. The opportunity consists of four total folios. The office building was built in 1985 and has been exceptionally maintained. The property is currently occupied with a variety of professional tenants. The property provides an investor with a unique opportunity to take advantage of the short-term leases in place and increase rents to market rates. 6067 Hollywood Boulevard provides professional curb appeal along with ample parking. The property has approximately 135 parking spaces, equating to a healthy parking ratio of 4.36 per 1000 square feet of rentable space. The property is located just off the Florida Turnpike (FL 511), which has traffic counts of over 134,000 vehicles per day. The office building is also located directly on Hollywood Boulevard (SR 820) which has traffic counts in excess of 43,500 vehicles per day. 6067 Hollywood Boulevard is just 0.2 miles from South State Road 7 (US 441), which has traffic counts of over 34,500 vehicles per day, and is only three miles from Interstate 95 which has traffic counts of over 240,000 vehicles per day.

Investment Highlights

  • Value-add opportunity with significant upside in rental income and occupancy
  • Located on Hollywood Blvd. which has traffic counts over 43,500 VPD
  • Close proximity to Florida Turnpike and I-95
  • Ample parking ratio of 4.36:1000
  • Great exposure with great visibility

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Financing By

Office

6067 Hollywood Blvd

Listing Price: $7,100,000

Cap Rate
6.71%
Rentable SF
31,990
Lot Size
1.68 acres
Year Built
1985

Investment Highlights

  • Value-add opportunity with significant upside in rental income and occupancy
  • Located on Hollywood Blvd. which has traffic counts over 43,500 VPD
  • Close proximity to Florida Turnpike and I-95
  • Ample parking ratio of 4.36:1000
  • Great exposure with great visibility

Investment Overview

Marcus & Millichap is proud to present 6067 Hollywood Boulevard, a three-story office building located in Hollywood, Florida. The property consists of approximately 31,990 square feet of rentable space and is situated on a 1.68-acre parcel. The opportunity consists of four total folios. The office building was built in 1985 and has been exceptionally maintained. The property is currently occupied with a variety of professional tenants. The property provides an investor with a unique opportunity to take advantage of the short-term leases in place and increase rents to market rates. 6067 Hollywood Boulevard provides professional curb appeal along with ample parking. The property has approximately 135 parking spaces, equating to a healthy parking ratio of 4.36 per 1000 square feet of rentable space. The property is located just off the Florida Turnpike (FL 511), which has traffic counts of over 134,000 vehicles per day. The office building is also located directly on Hollywood Boulevard (SR 820) which has traffic counts in excess of 43,500 vehicles per day. 6067 Hollywood Boulevard is just 0.2 miles from South State Road 7 (US 441), which has traffic counts of over 34,500 vehicles per day, and is only three miles from Interstate 95 which has traffic counts of over 240,000 vehicles per day.

Exclusively Listed By

Financing By

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