497 S State Rd 7, Hollywood, FL 33023

Introducing an exceptional investment opportunity in Hollywood, Florida at 497 S State Rd 7. This single-tenant absolute NNN property features a long-term corporate lease with The Goodyear Tire & Rubber Company, offering stability and strong returns. With over 11 years remaining on the lease term and scheduled 10% rental increases, this property presents a secure and lucrative investment option. Located in the Miami-Ft. Lauderdale MSA, the property benefits from high visibility with over 55,000 VPD traffic count, ensuring excellent exposure. Positioned near major amenities, schools, and residential areas, this asset is strategically situated to attract a robust customer base. The property boasts a net operating income of $123,755, offering a competitive cap rate of 5.00%. Don't miss this opportunity to acquire a prime commercial asset with a reputable tenant in a thriving market.