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Harding Plaza 1735 N Federal Hwy
6,200 SF 100% Leased 4-Star Retail Building Hollywood, FL 33020 $3,000,000 ($484/SF) 6.63% Cap Rate
Investment Highlights
- ±6,200 SF Class A Retail Strip with Value-Add next to Brand-New Wawa
- 2 of 3 Tenants Currently 20% Below Market Offers Additional Upside
- Prime Central East Broward Market Between Fort Lauderdale and Aventura
- 64% Occupancy with Two Easy-to-Lease Bays Offering Quick Stabilization
- 180 Feet of Prime N Federal Highway Frontage, Visible to 31,000+ Vehicles Per Day
- Strong Local Market Fundamentals with Single Digit Vacancy Rates and High Rental Growth
Executive Summary
±6,200 SF newly constructed, Class A retail center with direct frontage along N
Federal Highway (US-1) in Hollywood Florida. Harding Plaza offers tremendous
value and upside for a new owner with current occupancy at 64% offering
2 vacant retail bays ready to be leased and shadow anchored by a newly
constructed Wawa to the north of the property.
Harding Plaza benefits from excellent high traffic exposure along N Federal
Highway with over 31,000 vehicles per day and easy ingress/egress with
excellent parking in the rear of the property. The Subject Property provides a
diverse mix of stable tenants and offers additional value through lease up of
the 2 vacant spaces. Local market rents have grown tremendously over the
last several years allowing an investor add value to the asset not only through
lease up but by increasing rental rates as 2 of the 3 in-place leases currently sit
around 20% below market rates.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
- -
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- Batteries Plus
- Retailer
-
99,999 SF
- -
- -
- LIttle Cesar's
- Retailer
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Finance and Insurance | 99,999 SF | - | - | ||
| Batteries Plus | Retailer | 99,999 SF | - | - | ||
| LIttle Cesar's | Retailer | 99,999 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 51-42-10-61-0010 | Improvements Assessment | $1,233,230 (2024) |
| Land Assessment | $424,800 (2024) | Total Assessment | $2,006,210 (2024) |
PROPERTY TAXES
Presented by
Harding Plaza | 1735 N Federal Hwy
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