Listed by Rotundo Bros Miami Real Estate
$13,000,000
1002 E Hallandale Beach Blvd # 101 #2-101
Details
APN 514227FA0110
Property Type Retail, Multifamily
Sub Type Storefront, Apartment Building
Square Footage 10,125
Year Built 2024
Buildings 1
Lot Size (SqFt) 10,125
Zoning CCB
Retail | 10,125 SqFt
Marketing description
Premier 6% Cap Rate NNN Sale-Leaseback | Oasis Hallandale Retail | 20-Year Term
Incredible passive income opportunity in the heart of Hallandale Beach! Acquire a prime, 10,125 SF trophy commercial retail asset for $13,000,000, featuring a rock-solid 6% Cap Rate. This hands-off investment is structured as an absolute 20-year Triple Net (NNN) Sale-Leaseback, where the Tenant covers all rent, insurance, taxes, and maintenance.
The subject property comprises four premium contiguous units (2-101, 2-102, 2-103, and 2-104) built in 2023 within the prestigious, high-end Oasis Hallandale mixed-use development.
The property is occupied by KC Market, a highly successful and established kosher supermarket operator. Founded in 2009, KC Market consistently operates three high-volume locations across South Florida (Hollywood, Hallandale, and Boynton Beach).
Property & Investment Highlights:
Asking Price: $13,000,000
Initial Annual NOI: $780,000 ($65,000/month)
Cap Rate: 6.00%
Lease Term: 20 Years (Absolute NNN)
Total Area: 10,125 SqFt (Units 2-101 through 2-104)
Year Built: 2023 (Modern, high-end construction)
Location Synergy: Surrounded by world-class amenities, including Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall, driving massive local and hospitality traffic.
Secure a generational, inflation-resistant South Florida commercial asset with an elite, long-term tenant already in place.
Listing Contacts
Listed by Rotundo Bros Miami Real Estate
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Zoning
HBBE SpecialHallandale Beach Boulevard East
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