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Off Market
1/6

1250 E Hallandale Beach Blvd
Hallandale Beach, FL 33009


HIGHLIGHTS

  • Building has excellent visibility and signage along East Hallandale Beach Boulevard
  • Available as a Portfolio with 2100 E Hallandale Or Separately
  • 78% Occupied Value-Add Office Opportunity
  • Well Below Market Rents
  • Over 2.5 Acres of Land
  • 2 Miles Away From the Recently Expanded Aventura Mall and Less Than a Mile Away From Gulfstream Park Casino & Retail Mall

OVERVIEW

Tiktin Real Estate Investment Services is pleased to present 1250 East Hallandale, which is located in the heart of Hallandale Beach, Florida. Hallandale Beach has transformed from a quiet beach front municipality known as the home of Gulfstream Park and The Big Easy Casino into one of South Florida’s most dynamic and fastest growing cities. The city of Hallandale Beach is thriving with 2 newly built hotels built in the past 2 years, including The Hyde and SLS Resort Residence & Marina Hallandale Beach. Additionally, 3 developments were recently completed, 9 projects are under construction, and there is no sign of slowing down. 1250 East Hallandale is an opportunity for a savvy investor to identify and implement strategic capital improvements and thereafter increase the largely under-market rents throughout the building. The anchor tenant is Premier Health & Fitness, providing tenants with the convenient amenity of a gym within the office building. The structure was built in 1973 and is 11 stories tall. This property is located on the south side of East Hallandale Beach Boulevard, which sees over 60,000 vehicles per day. It has direct frontage, excellent visibility, and signage along East Hallandale Beach Boulevard, which leads to A1A to the East and US1 and I-95 to the West. This building serves the local population and rapidly expanding Hallandale Beach office market. Located on an enviable retail corridor, 1250 East Hallandale is located across the street from a Publix-anchored shopping center and a Winn-Dixie-anchored shopping center, which include tenants such as Ross Dress For Less, Five Below, Panera Bread, TB Bank, amongst others.

FOR SALE DETAILS

PRICE

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CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

111794

STORIES

11

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

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PARKING SPACES

462

LAND DETAILS

LAND ACRES

2.7 AC AC

LAND SF

117,612 SF

ZONING

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APN/PARCEL ID

51-42-27-01-0251