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Marcus & Millichap Sells Commercial Property At 100 East Hallandale Beach Boulevard For $8.7M

Property Image
SOLD
$8,700,000
Ryan Shaw
Kirk Olson
Drew Kristol

Florida

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Commercial33,000 SF
Sold 03/20/2025
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Sells Commercial Property At 100 East Hallandale Beach Boulevard For $8.7M

100 East Hallandale Beach Boulevard

See Similar Deals
Commercial33,000 SF
Sold 03/20/2025
Ryan Shaw
Kirk Olson
Drew Kristol
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Commercial
Price Per Square Foot:$263
Total Square Footage:33,000 SF
Transaction Type:Sale

The property asset located at 100 East Hallandale Beach Boulevard is a commercial type, encompassing a total of 33,000 square feet. The transaction concluded at a price of $8,700,000.00 in the Hallandale Beach market on March 20, 2025.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $8,700,000.00
  • Square Footage: 33,000.0
  • Address: 100 East Hallandale Beach Boulevard
  • Market: Hallandale Beach

The deal was facilitated by brokers Ryan Shaw, Drew Kristol, and Kirk Olson, all representing Marcus & Millichap in this transaction. Their involvement is instrumental in navigating the complexities of the deal.

Players

Drew Kristol
Marcus & Millichap
Drew Kristol
46 deals$560.5M volume(786) 522-7065
BROKER
Kirk Olson
Marcus & Millichap
Kirk Olson
46 deals$569.8M volume(786) 522-7064
BROKER
Ryan Shaw
Marcus & Millichap
Ryan Shaw
22 deals$145.7M volume
BROKER

Details

SOLD
IMAGE: Drew Kristol, Kirk Olson & Ryan Shaw DATE: 03/20/2025 ADDRESS: 100 East Hallandale Beach Boulevard MARKET: Hallandale Beach ASSET TYPE: Commercial ~ ACRES: 1.5 BROKERS: Drew Kristol (@DaKristol66), Kirk Olson & Ryan Shaw (@RtShaw29) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $8,700,000 SF: 33,000 ~ PPSF: $264 NOTE: Marcus & Millichap arranged the $8.7M sale of three vacant commercial buildings totaling 33,000 SF in Hallandale Beach. The 1.5-acre site at 100 E. Hallandale Beach Blvd., located in an opportunity zone, allows for mixed-use development amid the city’s ongoing $1B revitalization.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
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