5850 Sheridan St, Hollywood, FL 33021
Listing Presented By
RE/MAX Executive Realty
Improved Comm/Industrial, Commercial Office - Hollywood, FL
Great freestanding commercial building on Sheridan street just East of 441. Great for law firms, spas, or any similar use. Property is fully updated to comply with Commercial requirements, including ADA bathroom, ADA ramp, Handicap Parking etc. Currently rented as a residential use for $3000 per month. Tenant is on a month-to-month basis and will vacate prior to closing. Property can be rented to a commercial tenant on a NNN basis, which would provide a NOI of $36,000 per year yielding a 10% Cap rate.
Built In: 1960
Last Updated: July 22, 2016
Posted: July 22, 2016