2120 Wiley St, Hollywood FL 33020
Beds
Baths
SQFT 40,529
Garage
37 Years Built
Home Details
The subject property is currently leased to a single tenant who has been operating a Maaco collision and paint franchisee at this location since 1991. The building consists of 14,919 sf of useable space well situated on a large 40,529 sf lot. An investor can negotiate a new lease with existing tenant, or re-tenant this property after closing increasing rent substantially. When leased at market rates, this will provide an investor with $17,405.50 per month or. $208,866 per year yielding an above market 8.35% capitalization rate. Please remember to not disturb existing tenants all showings are by appointments only.
Other Interior Features
General
Neighbourhood
Location
The subject property is currently leased to a single tenant who has been operating a Maaco collision and paint franchisee at this location since 1991. The building consists of 14,919 sf of useable space well situated on a large 40,529 sf lot. An investor can negotiate a new lease with existing tenant, or re-tenant this property after closing increasing rent substantially. When leased at market rates, this will provide an investor with $17,405.50 per month or. $208,866 per year yielding an above market 8.35% capitalization rate. Please remember to not disturb existing tenants all showings are by appointments only.