1002 E Hallandale Beach Boulevard 2101, Hallandale Beach, FL 33009
Hallandale Beach, FL, 33009
$13,000,000
0 ba
About this home
Premier 6% Cap Rate NNN Sale-Leaseback | Oasis Hallandale Retail | 20-Year TermIncredible 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: $13,000,000Initial 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.