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2120 WILEY ST, Hollywood, 33020 Florida |
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$2,500,000
Beds Baths
2120 WILEY ST
Hollywood , FL 33020
COMMERCIAL
- ACTIVE
MLS #: A10637804
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STATUS: ACTIVE,
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YEAR BUILT: 1987, MLS #: A10637804, TAX YEAR: 2018
The subject property is currently leased to a single tenant who has been operating a Maaco collision and paint franchisee at this location since 1991. The building consists of 14,919 sf of useable space well situated on a large 40,529 sf lot. An investor can negotiate a new lease with existing tenant, or re-tenant this property after closing increasing rent substantially. When leased at market rates, this will provide an investor with $17,405.50 per month or. $208,866 per year yielding an above market 8.35% capitalization rate. Please remember to not disturb existing tenants all showings are by appointments only.
AMENITIES: LOT SIZE IS BETWEEN 1 AND 2 ACRES,
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