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23365552
23365551

1090 North Federal Highway, Hollywood, FL 33020 For Sale

GS
SL3539035
Matthews
RG
OH - 2018005194
Matthews
Listed by Matthews
$1,900,000
431 days on market
Updated 71 days ago

2ND GENERATION DRIVE-THRU OPPORTUNITY

Details
APN 51-42-10-18-0030
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 1,200
Pro-Forma Cap Rate 6.32%
Pro-Forma NOI $120,000
Price per SqFt $1,583
Broker Co-Op Yes
Year Built 1958
Year Renovated 1970
Acreage 0.330
Zoning FH-2
Investment Type Value Add
Sale Condition 1031 exchange

Retail | 1,200 SqFt

Marketing description

Matthews Real Estate Investment Services™ is pleased to exclusively offer for sale this 2nd generation drive-thru space in Hollywood, Florida: a freestanding ±1,200 square feet drive thru opportunity. The property is strategically positioned just north of Hollywood Circle, a popular urban destination. The site benefits from dualdirection traffic flow—capturing ±30,000 vehicles per day heading south into the downtown Hollywood circle as well as those traveling north toward Sheridan Street.

This is a rare opportunity for both owner-users and investors to capitalize on a high-demand asset class. This drive-thru retail site is ideal for quick-service restaurants (QSRs), medical uses, or other high-traffic tenants seeking convenience, visibility, and operational efficiency.

This site also has a valuable zoning code of FH-2. The FH-2 zoning district in Hollywood, FL is a Federal Highway Medium-High Intensity Mixed-Use District. It's designed for higher-density, mixed-use development along Federal Highway, including commercial, residential, and mixed-use projects. This zoning allows for taller buildings and more intensive development compared to other residential zones like FH-1.

Investment highlights

  • VALUABLE ZONING - FH-2- This designation supports a dynamic mix of uses, including residential, commercial, and mixed-use projects, with allowances for greater building height and intensity than lower-tier zones such as FH-1

  • DRIVE-THRU OPPORTUNITY – Whether for an owner-user or investor, this property offers the ability to capitalize on one of the most in-demand asset classes in retail real estate—drive-thru. Maximize both convenience and profitability in a high-traffic environment.

  • PRIME LOCATION – Strategically positioned on a hard corner just north of Hollywood Circle, one of the city’s most active hubs. The site benefits from both northbound traffic toward Sheridan Street and southbound flow into the heart of the city.

  • STRONG VISIBILITY – The property boasts an impressive traffic count of approximately ±31,500 vehicles per day.

  • DENSE SURROUNDING DEMOGRAPHICS – With ±123,359 households within a 5-mile radius, the area offers a strong built-in customer base.

  • SURROUNDED BY NATIONAL TENANTS – Neighboring retailers include CVS Pharmacy, Chipotle, Chase Bank, Burger King, Starbucks, U-Haul, Circle K, 7-Eleven, Dollar Tree, Wawa, Publix, and Little Caesars—providing added traffic and consumer synergy.
    FLORIDA TAX FREE STATE – Located in Florida, a no state income tax jurisdiction—enhancing net returns for both investors and operators.

Listing Contacts

GS
SL3539035
Matthews
RG
OH - 2018005194
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435 (FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
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