Building Description
Executive Summary
CBRE Inc., as the exclusive advisor, proudly offers for sale “Harding Plaza”, a
±6,200 SF newly constructed, Class A retail center with direct frontage along N
Federal Highway (US-1) in Hollywood Florida. Harding Plaza offers tremendous
value and upside for a new owner with current occupancy at 64% offering
2 vacant retail bays ready to be leased and shadow anchored by a newly
constructed Wawa to the north of the property.
Harding Plaza benefits from excellent high traffic exposure along N Federal
Highway with over 31,000 vehicles per day and easy ingress/egress with
excellent parking in the rear of the property. The Subject Property provides a
diverse mix of stable tenants and offers additional value through lease up of
the 2 vacant spaces. Local market rents have grown tremendously over the
last several years allowing an investor add value to the asset not only through
lease up but by increasing rental rates as 2 of the 3 in-place leases currently sit
around 20% below market rates.
Approved Uses by Zoning — Federal Highway Medium-High Intensity Mixed-Use (FH-2)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Adult Educational Facilities, Amusement Uses (Indoor and Outdoor), Antique, Consignment, Collectible, and Vintage Store, Artisan and Maker Manufacturing and Space, Assembly of Pre-manufactured Parts for Sale on Premises, Automotive Rental, Bar, Lounge, or Night Club, Bed and Breakfast Inn, Car Wash (fully enclosed and adequately screened), Coin Laundry (fully enclosed and air-conditioned), Commercial Uses, Dry Cleaner, Food Processing, Funeral Home, Hotel, Institutional, Live-Work, Microbrewery, Microdistillery, and Microwinery, Motel, Multi-Family Residential, except on the ground floor adjacent to Federal Highway, Museum, Art Gallery, and Similar Cultural Uses, Office, Parking Lots and Garages (Commercial), Personal Service, Place of Worship, Meeting Hall, and Fraternal Lodge, Restaurant, Retail (indoor), Schools (Business, Commercial, or Vocational; Recreational or Cultural; and University), Single Family Residential, except on the ground floor adjacent to Federal Highway, Wholesale and Warehousing
With special approval
Day Care Facility, Schools (K-12), Service Station
Read the full FH-2 zoning guide ›
