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1200 South Dixie Highway

Updated Oct 26, 2026

1200 South Dixie Highway
SOLDIndustrial

1200 South Dixie Highway

1200 South Dixie Highway & 1226 South Dixie Highway

$3,265,700

$187/SF

Building Size

8,424 SF

Asset Type

Industrial

Closing

Oct 22, 2026

About this deal

AI

The transaction involves two adjacent multi-tenant small bay/retail flex properties located at 1200-1224 and 1226-1250 South Dixie Highway in Hollywood, Florida. The sale price for the assets was $3,265,700, with a total square footage of 17,432 and a price per square foot of $187.

Summary of transation details:

  • Property Type: Flex
  • Transaction Amount: $3,265,700
  • Buyer: Dennis Gindi - 31 Real Estate; Joe Shany - Shany Enterprises
  • Seller: Gali Pinhasi
  • Market: Hollywood
  • Square Footage: 17,432
  • Price per Square Foot: $187

Dennis Gindi and Joe Shany, representing 31 Real Estate and Shany Enterprises respectively, plan to implement a capital improvement program aimed at upgrading the properties, enhancing the tenant mix, and positioning them for long-term growth.

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$3,265,700

$187/SF

Industrial

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Players

Joe Shany

Buyer

$6.5M

vol

2 deals

Buyer

Gali Pinhasi

Seller

$6.5M

vol

2 deals

Seller
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Hollywood Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $187 per square foot on a published $3.3M for 17,432 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.86%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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