126 North Federal Highway

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126 North Federal Highway

Hallandale Beach, FL 33009
Asking Price
$3.20M
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Prime Location for AAA Tenants or for Development Site <h2><span style="color: rgba(6, 34, 57, 1)">Land | 17,000 SqFt</span></h2><h3><span style="color: rgba(6, 34, 57, 1)">Marketing description</span></h3><p><span style="color: rgba(6, 34, 57, 1)">Exclusively Listed By NIVGlobal RE</span></p><p><strong>Current Income: </strong>$8,000-$10,000 / Month | No Leases are in Effect. All Tenants are on MTM</p><p>The gas station is in the process of not to operate as a gas station |</p><p><strong>Development:</strong> Up to 4-6 Stories/ Mix Use Residentia

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

Location & Travel Times