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Purchase Price

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Hollywood, FL

Retail Development Opportunity

For Sale

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ANNUAL RENT

cap rate

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Investment Highlights

Less Than 1 Mile from the Heart of Hollywood | $1.5+ Billion in New Development

  • The Property is located less than 1 mile south of downtown Hollywood and benefits from direct accessibility via Federal Highway, positioning it to capture spillover demand from the area’s accelerating redevelopment and northward expansion of residential, mixed-use, office, and retail locations.

  • Downtown Hollywood is anchored by ArtsPark at Young Circle, a premier public destination featuring a 2,500-seat amphitheater and year-round community amenities that enhance the area’s live-work-play appeal.

  • Nearly $1.5 billion in planned, under construction, and recently completed developments surround Young Circle, reinforcing long-term value creation.


Favorable Zoning | High Barriers to Entry

  • The 25-block stretch of Federal Highway between Young Circle and Sheridan Street exhibits very low commercial vacancy, underscoring strong demand and long-term appreciation potential.

  • The Property features generous FH-2 zoning, allowing for a wide range of retail, office, multi-family residential, and mixed-use uses as of right.

  • In addition, FH-2 zoning includes a 3.00 FAR which provides for a maximum building area of over 37,000 sq ft on the Property and the ability to go vertical 14 stories.


High Traffic Area | 32,570+ VPD | Proximity to Retail Synergies

  • The Property is strategically located along North Federal Highway (US-1) with excellent visibility to over 32,570 vehicles per day and offers easy and convenient customer access to the Property via two (2) curb cuts.

  • Federal Highway serves as a primary commuter and local access corridor for Hollywood and surrounding cities, offering a parallel alternative to Interstate 95, which is over 2 miles away.

  • Other notable retailers in the area include Publix, Wells Fargo, Bank of America, WaWa, Chipotle, McDonalds, Walgreens, CVS, Starbucks, 7-Eleven and others.


Infill Location | 140,000+ Residents | $104,000+ Avg HH Income | Strong Daytime Population

  • Surrounding residential communities include more than 23,800 residents within 1 mile and approximately 140,700 residents within 3 miles, with average household incomes exceeding $87,000 and $104,000, respectively.

  • The area is further strengthened by a daytime population exceeding 82,000 employees within a 3-mile radius, many of whom commute directly past the Property.

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