1002 E Hallandale Beach Blvd # 101, Hallandale Beach FL 33009

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.

This retail home located at 1002 E Hallandale Beach Blvd # 101, Hallandale Beach FL 33009 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $13M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 2024. 1002 E Hallandale Beach Blvd # 101, Hallandale Beach FL 33009 is in Hallandale Beach county Broward County.