2012 N Dixie Hwy

The subject property is a freestanding flex/warehouse consisting of 2,106 square feet of usable space situated on a 7,086 square foot lot located directly on North Dixie Hwy in East Hollywood, four blocks south of Sheridan Street.The front of the property has three parking spots, with room to add more parking at the rear, which can be accessed by the alley behind the property. There is also a side gate on the south side of the property to access the back lot. The property is currently leased to one tenant on a triple net lease. The tenant is currently paying $6,000 per month, generating $72,000 per year in net income. The property is located in desirable DH-3 zoning – Dixie Highway High Intensity Mixed—Use District Uses, which allows for most retail and commercial uses, including automotive. The existing property use is Light Manufacturing.
This is a fantastic opportunity to obtain a desirably sized freestanding Hollywood flex/warehouse property for either an owner-user or investor. There are several new residential and retail projects breaking ground nearby. Hollywood is a rapidly changing city with over 5,000 new residents projected to move into Hollywood over the next three years.