HOLLYWOOD GROUND LEASE

PROPERTY HIGHLIGHTS

• Strategic Location: The land is situated in a highly desirable location in Hollywood, Florida, with excellent access to major highways and within close proximity to the popular Hardrock Casino. The area is highly trafficked and sees approximately ±37,000 VPD, making it a prime spot for any business looking for high visibility.
• Sizeable Land: The land is a generous ±0.65 acres, providing ample space for a variety of potential developments, from restaurants to retail spaces and everything in between.
• Good Ingress and Egress: The property boasts excellent ingress and egress, ensuring easy accessibility for customers and employees alike. The area is well-maintained and offers plenty of parking options, making it a convenient destination for visitors.
  • City Transformation and Growth: Hollywood is a vibrant and rapidly transforming city, with a diverse range of businesses and attractions that continue to draw visitors and residents alike. The city has undergone significant growth and development in recent years, with new restaurants, shops, and entertainment venues springing up throughout the area.
  • New Affordable Housing Development: The Pinnacle 441, a new affordable housing development, is set to be built right across the street from the land. The development will provide much-needed affordable housing options for Hollywood residents, creating a positive impact on the local community. This new development will not only contribute to the economic growth of the area but also serve as an excellent amenity for potential tenants and visitors looking for nearby housing options. Learn more here.
• Strong Economic Climate: Hollywood enjoys a strong economic climate, with a thriving business community and a low unemployment rate. The city has made significant investments in infrastructure and public amenities, and it continues to attract new businesses and entrepreneurs.
• Favorable Lease Terms: The land is available for ground lease at $8,000/month NNN, providing an excellent opportunity for investors and businesses looking to establish a long-term presence in the area. The favorable lease terms, combined with the strategic location and strong economic climate, make this property an attractive investment opportunity.