Retail Business for Sale in Hollywood, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hollywood, FL 33024

Description

Marcus & Millichap is pleased to present a net leased investment opportunity consisting of a rare, Fee Simple (Land and Building) Corporate-Guaranteed Take 5 Oil Change which qualifies for 100% Bonus Depreciation. It is located on Hollywood Blvd, one of South Florida’s primary east-west thoroughfares with excellent visibility and access. This brand-new Take 5 is subject to a 15-year absolute triple net lease with four (4) five-year options to extend and 8% rent increases every 5 years, offering a passive, long-term income stream with built-in growth protection. Take 5 is in possession of the premises, about to start renovation/construction, and expected to open in early summer 2026. The subject property features Take 5 Oil Change’s modern drive-thru prototype, situated on a 0.34-acre (14,810 SF) parcel with a 1,257 SF facility. Designed for speed and convenience, the Take 5 model allows customers to remain in their vehicles for fast professional oil changes and maintenance services. This new Take 5 Oil Change is located along Hollywood Blvd with a traffic count of 44,000+ VPD and benefits from immediate proximity to the Florida Turnpike (141,000+ VPD). This densely populated area has 179,000+ residents and solid average household income of $79,000 within 3-mile radius. The property benefits from its strategic position in one of South Florida’s fastest-growing markets in Broward County. Hollywood continues to experience significant residential and commercial expansion, with over 220 residential units planned and being built out in a 1 MI radius of subject- driving increased traffic and long-term demand for essential quick-service automotive businesses. Take 5 Oil Change, a leading brand under publicly traded Driven Brands Holdings Inc. (NASDAQ: DRVN), is one of the fastest-growing quick-lube concepts in North America with over 1,100 locations. Backed by a parent company generating approximately $2.3 billion in annual revenue (FY 2024) and a corporate guarantee, the b

Market Context

This retail in Hollywood, FL is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 52 days. Compare it against other retail listings for sale in Hollywood, FL — <a href="/search/sale/retail/florida/hollywood">view the full market</a>.

As of Q1 2026, the Fort Lauderdale retail market showed rents up 2.4% year over year, and cap rates around 6.2%. Source: Consensus Q1 2026 market report.

Its 5.0% asking cap rate is below the Fort Lauderdale retail market average of about 6.2%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Fort Lauderdale?
About 6.2% as of Q1 2026, per Consensus.

Unified Estimate

Low Confidence

$504.28/SF – $682.26/SF

Mid: $593.27/SF

Rate estimator only; cost-of-business estimate unavailable.

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