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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1002 E Hallandale Beach Blvd 2-101 , Hallandale Beach, FL 33009
$13,000,000
Est. Payment: $28,888.89/mo
0 Bed
0 Bath
10125 Sqft
Status: Active | Days on site: 4
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RBMR01 - 3469181,3520176
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Premier 6% Cap NNN Sale-Leaseback | 30-Yr Lease Value | Opportunity Zone. Unparalleled passive income and massive institutional tax-shelter opportunity in South Florida’s premier retail corridor! Acquire a pristine trophy commercial retail asset, delivering an immediate, rock-solid 6.00% Cap Rate. This hands-off investment features an absolute Triple Net (NNN) Sale-Leaseback with a 30-year total lease structure. The Tenant covers 100% of rent, insurance, taxes, and maintenance * Elite Tenant: Occupied by KC Market, a highly successful and established premier kosher supermarket operator. Consistently and profitably operating 3 flagship locations across Hollywood, Hallandale, and Boynton Beach. Nestled within the ultra-luxury Oasis Hallandale development, the property benefits from immense neighborhood synergy with Shell Bay Golf Club, Gulfstream Park Racing, and the Diplomat Mall driving relentless local and hospitality traffic * Unmatched Wealth-Preservation & Tax Benefits: Ideal for Qualified Opportunity Funds (QOF) looking to utilize a 10-year hold to hedge against the standard ~24% capital gains tax. 1031 Exchange Friendly: A perfect, premium replacement property for investors needing to deploy capital from a recent sale. Cost Segregation: prime candidate for an accelerated depreciation study, allowing the buyer to harvest massive passive losses to offset active gains. Secure a generational, inflation-resistant asset with an elite, long-term tenant already in place.
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Highlights

Listed by Federico Rotundo , 954-980-0056 and Cruz Enrique Rotundo Ghersy , 754-217-1981 Rotundo Bros Miami Real Estate , 954-980-0056.

Property Type

Commercial Sale
Lot/Acreage
0.23

Year Built

2024

County

Broward

Area

3040

Listing ID

A12040396

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Zoning:CCB
Sewer:Public Sewer
Principal Interest
$28,889
Taxes
$3,182

Home Price

$13,000,000

Loan Details

30 yrs
%

Down Payment

20%
$2,600,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$28,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $28,888.89 $3,182.42 $0.00 $32,071.31
Yearly $346,666.67 $38,189.00 $0.00 $384,855.67
Total $10,400,000.00 $1,145,670.00 $0.00 $11,545,670.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hallandale Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.