308 N Federal Hwy, Hallandale Beach FL 33009

$4,085,000

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Overview

Year Built

1965

13781 sqft
Property Type

Mixed Use

Property Description

Stabilized NNN investment on US-1 in Hallandale Beach. Two-story commercial building totaling approximately 6,800 SF with a long-term triple-net lease to a national medical cannabis operator on the ground floor and a second-floor office suite generating additional income. Ground floor tenant is a national, licensed, operating dispensary with a proven track record and long-term lease in place with renewal options, providing investors with durable, predictable cash flow from a credit-quality national tenant. Located on Federal Highway with high visibility and traffic counts, the property benefits from strong regional demographics serving the Hallandale Beach, Aventura, and Sunny Isles markets. Ideal for a 1031 exchange buyer or passive investor seeking stabilized income in a high-demand South Florida corridor. Minimal landlord responsibilities under the NNN structure. Rent and financials available upon request to qualified buyers.

Property Details

MLS#

A11991384

Building

308 N Federal

Address

308 Federal Hwy N

City

Hallandale Beach

State/county

FL

Zip/Postal Code

33009

Area

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$45,259

Maint Fee

$--

Tax Year

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Boris Gelfand