Retail Investment Opportunity – Class A Condo in Hallandale Beach, FL – Leased to Acclaimed Italian Restaurant
Commercial Sale
Category: Retail
Price:$9,600,000
Location: Hallandale Beach, FL
Year Built: 2024
Days on Market: 51
Description:
Retail NNN Investment Opportunity. ONE Sotheby’s Int'l Realty is pleased to present this Class A, new construction retail commercial condo deal w/ Tenant in place at closing. Leased to internationally acclaimed Italian restaurant Signor Sassi. Long-term lease with options. Tenant currently building out; opening planned for end of summer 2025. Attractive CAP rate with full HOA pass-through to tenant. Close now & Seller will extend a rent guarantee until Tenant rent commencement. Rare chance to own a Class A retail asset in a premier development with a globally recognized tenant.
Prime Location Fronting E Hallandale Beach Blvd., New construction, Long Term Lease, Expenses pass-thru to Tenant, Great Tenant, Great Cash Flow.
Listing Code: 1113835603