33020 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Hollywood Medical Center Located in Hollywood, Florida. This Value-Add Opportunity Provides 4 Stories of Medical Office Condos, 33 Parking Spaces, and the Potential to Reclassify the Building as Multi-Tenant. With $1.5 Billion of New Development and Community Redevelopment Planned, This Property Offers the Chance to Be at the Center of the Changing Hollywood Skyline with Numerous Planned Luxury Mixed-Use Developments.

Opportunity to Own a Free-Standing Medical Office Condo Building With Excellent Visibility From Young Circle in Hollywood, FL
This Property Has Served as a Prominent Medical Facility and Imaging Center
Huge Value-Add Potential at 54% Occupancy
Property is Strategically Located Between 2 Major Metropolitan Areas, 8-Miles to Fort Lauderdale CBD and 20-Miles to Miami CBD
Located Directly Off Federal Highway (US-1), Which Sees Over 29,000 VPD
Adjacent to Kindred Hospital South Florida, and Minutes to Memorial Hollywood, HCA Aventura Hospitals
Over $1 Billion of Residential Development in 1,400+ Units Coming to Young Circle
Potential to Reclassify the Building as Multi-Tenant and Pick Up on Core Factor
33 Total Parking Spaces; Covered Parking/Drop-Off
Currently, Office Condos – Opportunity For Owner to Manage the Association
Office Condominiums Provide For Numerous Opportunities and Factor in to Landlord Risk Mitigation
Below Market Rents – Tenant Lease Rollover Provides For Value-Add Opportunity