Hyde NN Retail
$4,435,894
4111 S Ocean Drive, Miami, FL 33019
For Sale
Retail
Restaurant
Active
Last Updated: 07/08/2026
6
Cap Rate
266,153
NOI
Details:
Cap Rate: 6%
NOI: $266,153
Building Size: 6,000 sqft
Highlights:
- Terrazas rent is well under market, providing a huge value add opportunity
- Terrazas has exclusive right to serve food and beverage in the entire building
- Tenant also pays HOA fees (HOA: $53,351)
- 30 parking spaces available for clients
- Years left on base term: 1 year
- Two 5-year options
- Increases: 4%
- RE Tax: $30,000
Description:
FA Commercial is pleased to present this NN property located at the 9th floor of the Hyde Beach. The Terrazas Restaurant/Pool Bar is on the 9th floor of the property, which is also home to the only pool in the building.
The City of Hollywood is a beachfront community located in southeastern Broward County about midway between Miami and Fort Lauderdale. Founded by Joseph Young in 1925, Hollywood is approximately 30 square miles in size and is Broward’s third-largest municipality with a population of roughly 143,000 residents.
Documents:
| Title | ||
|---|---|---|
| Hyde NN Retail.mp4 | ||
| Sale_Brochure___Hyde_NNN_Retail.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
