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Office

6067 Hollywood Blvd

6067 Hollywood Blvd, Hollywood, FL 33024

Listing Price: $6,100,000

Cap Rate
3.06%
Gross SF
31,850
Rentable SF
31,850
Price/Gross SF
$191.52
Lot Size
1.68 acres
Year Built
1985

Investment Overview

Marcus & Millichap is proud to present 6067 Hollywood Boulevard, a four-story office building located in Hollywood, Florida. The Subject property consists of approximately 31,850 square feet of rentable space and is situated on a 1.68-acre parcel (or 73,065 square feet). The opportunity consists of four total folios. 6067 Hollywood Boulevard was built in 1985 and has been exceptionally maintained.

The Subject property is currently 78 percent occupied within 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 Subject property has approximately 135 parking spaces, equating to a healthy parking ratio of 4.24 per 1000 square feet of rentable space.

The property is located just off the Florida Turnpike (FL 511), which has traffic counts of over 146,900 vehicles per day. The Subject property is also located directly on Hollywood Boulevard (SR 820) which has traffic counts in excess of over 42,000 vehicles per day. 6067 Hollywood Boulevard is just 0.2 miles from South State Road 7 (US 441), which has traffic counts of over 35,500 vehicles per day, and is only three miles from Interstate 95 which has traffic counts of over 30,000 vehicles per day.

Investment Highlights

  • Value-Add Opportunity with Significant Upside in Rents and Occupancy
  • Located on Hollywood Boulevard Which has Traffic Counts of Over 42,000 VPD
  • Close Proximity to the Florida Turnpike and Interstate 95
  • Ample Parking Ratio of 4.24:1000
  • Great Exposure with Excellent Visibility

Exclusively Listed By

Listing Price: $6,100,000

Cap Rate
3.06%
Gross SF
31,850
Rentable SF
31,850
Price/Gross SF
$191.52
Lot Size
1.68 acres
Year Built
1985

Investment Highlights

  • Value-Add Opportunity with Significant Upside in Rents and Occupancy
  • Located on Hollywood Boulevard Which has Traffic Counts of Over 42,000 VPD
  • Close Proximity to the Florida Turnpike and Interstate 95
  • Ample Parking Ratio of 4.24:1000
  • Great Exposure with Excellent Visibility

Investment Overview

Marcus & Millichap is proud to present 6067 Hollywood Boulevard, a four-story office building located in Hollywood, Florida. The Subject property consists of approximately 31,850 square feet of rentable space and is situated on a 1.68-acre parcel (or 73,065 square feet). The opportunity consists of four total folios. 6067 Hollywood Boulevard was built in 1985 and has been exceptionally maintained.

The Subject property is currently 78 percent occupied within 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 Subject property has approximately 135 parking spaces, equating to a healthy parking ratio of 4.24 per 1000 square feet of rentable space.

The property is located just off the Florida Turnpike (FL 511), which has traffic counts of over 146,900 vehicles per day. The Subject property is also located directly on Hollywood Boulevard (SR 820) which has traffic counts in excess of over 42,000 vehicles per day. 6067 Hollywood Boulevard is just 0.2 miles from South State Road 7 (US 441), which has traffic counts of over 35,500 vehicles per day, and is only three miles from Interstate 95 which has traffic counts of over 30,000 vehicles per day.

Exclusively Listed By

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