stratford's bar and restaurant · miami, fl 33169 miami/dade county recorded buyer: sub...

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Each office is independently owned and operated. Sponsored By: Each office independently owned and operated Stratford's Bar and Restaurant 2908 Hollywood Blvd | Hollywood, FL 33021 JOHN DEMARCO, ACP 954-678-8733 [email protected] Landmark Bar and Restaurant in South Florida Visibility from I-95 with over 250,000 cars per day Freestanding Building with Ample Parking Full commercial kitchen RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL 33020 (954) 361-0000 www.DeMarcoGroup.com

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Page 1: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

Each office is independently owned and operated.

Sponsored By:

Each office independently owned and operated

Stratford's Bar and Restaurant2908 Hollywood Blvd | Hollywood, FL 33021

JOHN DEMARCO, [email protected]

Landmark Bar and Restaurant in South Florida➢

Visibility from I-95 with over 250,000 cars per day➢

Freestanding Building with Ample Parking➢

Full commercial kitchen➢

RE/MAX 5 STAR REALTY4151 Hollywood BlvdHollywood, FL 33020(954) 361-0000www.DeMarcoGroup.com

Page 2: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

INVESTMENT DETAILS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Analysis

Analysis Date November 2017

Property

Property Stratford's Bar and Restaurant

Property Address 2908 Hollywood BlvdHollywood, FL 33021

Year Built 1955

Financial Information

All Cash

Purchase Information

Property Type Commercial

Purchase Price $1,499,900

Tenants 1

Total Rentable Sq. Ft. 4,054

Loans

Type Debt Term Amortization Rate Payment LO Costs

All Cash

Income & Expenses

Gross Operating Income $0

Monthly GOI $0

Total Annual Expenses ($17,088)

Monthly Expenses ($1,424)

Contact Information

John DeMarco, ACP

954-678-8733

[email protected]

P. 2

Page 3: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

PROPERTY DESCRIPTION2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

     Once in a lifetime opportunity to acquire a Historic Landmark Stratford's Bar and restaurant.  Ample parking, andvisibility from I-95 and Hollywood blvd make this location ideal for your business. The property is located on a very hightraffic intersection of Interstate I-95 with over 250,0000 cars per day and Hollywood Blvd with over 49,000 card daily.Perfect for new restaurant, bar, fast food restaurant, drive thru restaurant, bank or any retail. The property has a fullcommercial kitchen with a walk-in cooler.

      Priced for a quick sale at only $369 per sq ft. Included in this package are recent comparable sales showing themarket price over $490 per sq ft.

        This property can also make a great investment. Included in this package are comparable leases showing theaverage lease price in this area is $25.74 per square foot triple net with zero landlords responsibility. When leased, netannual income will be $104,400 which will provide an investor a strong 7% capitalization rate at a full asking price. 

      The current legacy tenant is on month-to-month lease. Please remember do not disturb an existing tenant. Call formore information.  

P. 3

Page 4: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

PROPERTY PHOTOS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Interior Interior - Bar

Exterior

Outside Area Parking

P. 4

Page 5: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

Lease Comps SummaryLease Comps Report

Deals

6NNN Asking Rent Per SF

$28.39NNN Starting Rent Per SF

$25.74Avg. Months On Market

9LEASE COMPARABLES

SUMMARY STATISTICS

Rent Deals Low Average Median High

NNN Asking Rent Per SF

NNN Starting Rent Per SF

NNN Effective Rent Per SF

Asking Rent Discount

TI Allowance

Months Free Rent

4

1

1

1

-

-

$20.00

$25.74

$25.74

25.5%

-

-

$28.39

$25.74

$25.74

25.5%

-

-

$28.28

$25.74

$25.74

25.5%

-

-

25.5%

-

-

$35.00

$25.74

$25.74

Lease Attributes Deals Low Average Median High

Months on Market

Deal Size

Lease Deal in Years

Floor Number

5

6

3

6

4

1,200

0.8

1

9

3,828

0.8

1

9

4,091

0.8

1 1

13

5,479

0.8

11/10/2017Copyrighted report licensed to Re/Max 5 Star Realty - 746067.

Page 1

Page 6: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

Lease Comps SummaryLease Comps Report

Property Name - Address Rating SF Leased Floor Sign Date Rent Rent Type

Lease

Type

Rents

-1 La Piazza at Young Circle5,479 1st 6/2/2017 $35.00/nnn Asking

1885 Hollywood BlvdNew

-2 la Noche5,400 1st 12/31/2016 $20.00/nnn Asking

115 S 20th AveNew

-3 1946-1948 Hollywood Blvd3,000 1st 11/4/2016 $32.80/fs AskingNew

-4 1814 Harrison St2,708 1st 4/8/2016 $25.74/nnn EffectiveNew

-5 Acquo 1245,182 1st 8/1/2009 $26.50/mg Effective

124 S Federal HwyNew

-6 Hollywood Cafe1,200 1st 8/1/2005 $22.00/nnn Asking

1948 Hollywood BlvdNew

11/10/2017Copyrighted report licensed to Re/Max 5 Star Realty - 746067.

Page 2

Page 7: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

PRO FORMA SUMMARY2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

INCOME

Description Actual Per SF Market Per SF

Gross Potential Rent $0 $0.00 $104,400 $25.75

Less: Vacancy $0 $0.00 $0 $0.00

Effective Gross Income $0 $0.00 $104,400 $25.75

OPERATING EXPENSES

Description Actual Per SF Market Per SF

Building Insurance $2,415 $0.60 $0 $0.00

Taxes - Real Estate $14,673 $3.62 $0 $0.00

Total Expenses ($17,088) ($4.22) $0 $0.00

NET OPERATING INCOME ($17,088) ($4.22) $104,400 $25.75

P. 7

Page 8: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

PRO FORMA SUMMARY2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

TENANT ANNUAL SCHEDULED INCOME

Tenant Actual Market Stratford's Bar $0 $104,400TOTALS $0 $104,400

ANNUALIZED INCOME Description Actual Market

Gross Potential Rent $0 $104,400Less: Vacancy $0 $0Effective Gross Income $0 $104,400Less: Expenses ($17,088) $0Net Operating Income ($17,088) $104,400

ANNUALIZED EXPENSES Description Actual Market

Building Insurance $2,415 $0Taxes - Real Estate $14,673 $0Total Expenses $17,088 $0Expenses Per RSF $4.22 $0.00

INVESTMENT SUMMARY

Price: $1,499,900

Year Built: 1955

Tenants: 1

RSF: 4,054

Price/RSF: $369.98

Lot Size: 15,356 sf

Floors: 1

APN: 51421602704

Cap Rate: -1.14%

Market Cap Rate: 6.96%

P. 8

Page 9: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

1 19900-19904 NW 2nd Ave SOLD

Miami, FL 33169 Miami/Dade County

Sub Capital LlcRecorded Buyer: Recorded Seller: Five B Properties LLC18205 Biscayne BlvdAventura, FL 33160

True Buyer: Mario Grosfeld

3192 Ridge TraceDavie, FL 33328(305) 651-3133Brodbeck, Charles LTrue Seller:

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$388.89$875,000 - Confirmed03/11/2016 Bldg Type:

Zoning:

Year Built/Age:GLA:

-

Parcel No:Financing:

34-1136-000-0110Down payment of $342,000 (39.1%); $533,000 from Us Century Bk

Confirmed

RetailFreestandingBuilt 1974 Age: 422,250 SF

BU-1ALand Area: 0.26 AC (11,326 SF)

Price/SF:

3550717Comp ID:

2 2541 N 29th Ave SOLD

Hollywood, FL 33020 Broward County

2541 N 29th Avenue, LLCRecorded Buyer: Recorded Seller: Prince-Bush Investments-Plantation, LLP15 E 40th St

New York, NY 10016

True Buyer: Tenants Of 166 E 118 Inc

227 W New England AveWinter Park, FL 32789Prince Investments, Inc.True Seller:

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$406.59$1,850,000 - Confirmed10/24/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

-5.40%

Parcel No:Financing:

51-42-04-20-0010-

Confirmed

RetailRestaurantBuilt 20164,550 SF

--

Land Area: -Price/SF:

3738472Comp ID:

3 1100 N Federal Hwy - Multi-Property Sale (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

Frank FratarcangeliRecorded Buyer: Recorded Seller: Rus's Property LLC1830 Radius DrHollywood, FL 33020(954) 870-1390

True Buyer: Frank Fratarcangeli

6280 SW 56th StDavie, FL 33314(954) 261-4965Ioan RusTrue Seller:

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$346.30$948,174 - Allocated02/24/2016 (161 days on mkt) Bldg Type:

Zoning:

Year Built/Age:GLA:

-

Parcel No:Financing: -

Allocated

RetailFreestandingBuilt 1962 Age: 542,738 SF

C-2Land Area: 0.14 AC (6,098 SF)

Price/SF:

3530444Comp ID:

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 1

Page 10: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

4 645 S Federal Hwy SOLD

Dania, FL 33004 Broward County

Dania Twist LlcRecorded Buyer: Recorded Seller: Dania-auger Inc1271 Avenue of the AmericasNew York, NY 10020

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$490.20$400,00010/14/2016 (11 days on mkt) Bldg Type:

Zoning:

Year Built/Age:GLA:

-

Parcel No:Financing:

51-42-03-12-0410$810,000 from Private Individual Fas Fiancial Inc$1,030,000 from Private Individual Fas Fiancial Inc

RetailRestaurantBuilt 1992 Age: 24816 SF

TOC-2Land Area: 0.29 AC (12,632 SF)

Price/SF:

3751521Comp ID:

5 2221 Hollywood Blvd - Multi-Property Sale (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

2219 Hollywood Invs CorpRecorded Buyer: Recorded Seller: Tesher & Tesher Realty Llc1300 Brickell Bay DrMiami, FL 33131

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$393.73$1,330,811 - Allocated11/20/2015 Bldg Type:

Zoning:

Year Built/Age:GLA:

-

Parcel No:Financing: -

Allocated

RetailFreestandingBuilt 1962 Age: 533,380 SF

C-2Land Area: 0.23 AC (10,019 SF)

Price/SF:

3461344Comp ID:

6 2401 Hollywood Blvd - Wings & Curls SOLD

Hollywood, FL 33020 Broward County

Smorkin 2401, LLCRecorded Buyer: Recorded Seller: Thomas A Thomas619 Palisade AveENGLEWOOD CLIFFS, NJ 07632

1530 Lakeview CirCoral Springs, FL 33071(954) 921-4292

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:$307.13$1,250,000 - Confirmed03/07/2017 (376 days on mkt) Bldg Type:

Zoning:

Year Built/Age:GLA:

-

Parcel No:Financing:

51-42-16-01-6830Down payment of $350,000 (28.0%); $900,000 from Private Lender

Confirmed

RetailRestaurantBuilt 1971 Age: 464,070 SF

C-2Land Area: 0.38 AC (16,553 SF)

Price/SF:

3865122Comp ID:

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 2

Page 11: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

7 2800-3215 Oakwood Blvd - Oakwood Plaza South (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$18,080,089 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailFreestandingBuilt 1996 Age: 2075,591 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 1.74 AC (75,794 SF)Price/SF:

3563120Comp ID:

8 2900 Oakwood Blvd - Red Lobster (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$1,907,246 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailRestaurantBuilt 1995 Age: 217,974 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 0.18 AC (7,841 SF)Price/SF:

3563120Comp ID:

9 2906 Oakwood Blvd - Sweet Tomatoes (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$1,913,465 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailRestaurantBuilt 1998 Age: 188,000 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 0.18 AC (7,841 SF)Price/SF:

3563120Comp ID:

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 3

Page 12: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

10 2940 Oakwood Blvd - TGI Friday's (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$1,631,229 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailRestaurantBuilt 1997 Age: 196,820 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 0.16 AC (6,970 SF)Price/SF:

3563120Comp ID:

11 3215 Oakwood Blvd - Hollywood Ale House (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$1,865,628 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailRestaurantBuilt 1998 Age: 187,800 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 0.18 AC (7,841 SF)Price/SF:

3563120Comp ID:

12 3300 Oakwood Blvd - Golf Galaxy (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$3,635,583 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailFreestandingBuilt 1994 Age: 2215,200 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 1.67 AC (72,745 SF)Price/SF:

3563120Comp ID:

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 4

Page 13: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

13 3500 Oakwood Blvd - Starlite Diner (Part of Multi-Property) SOLD

Hollywood, FL 33020 Broward County

SFA Atlantis Assoc LPRecorded Buyer: Recorded Seller: SFA Atlantis Assoc LP3333 New Hyde Park RdNew Hyde Park, NY 11042

3333 New Hyde Park RdNew Hyde Park, NY 11042

Sale Date:

– Research Status:

PrFrma Cap Rate:

Sale Price:

Actual Cap Rate:

$531.52$717,549 - Allocated04/11/2016 Bldg Type:

Zoning:Sale Conditions:

Year Built/Age:GLA:

--

Parcel No:Financing: -

Allocated

RetailRestaurantBuilt 1994 Age: 223,000 SF

IM-1Debt Assumption, Partial Interest Transfer (45.00%)

Land Area: 0.69 AC (30,056 SF)Price/SF:

3563120Comp ID:

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 5

Page 14: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

Dollar Volume

Legend:

Current Survey

Sold Transactions13

$36,404,774Number of TransactionsTotal Dollar Volume

73,7763.45

Total Bldg Square FeetTotal Land in Acres

150,282$2,800,367

Total Land in SFAverage Price

5,675$493.45

Average Number of SFAverage Price Per Bldg SF

$531.520.29

Median Price Per SFAverage Number of Acres

12,524-

Average Number of SF(Land)Average Price Per Unit

--

Median Price Per UnitAverage Number of Units

5.40%Actual Cap Rate

SoldTransactions

Time Interval - Quarterly

Report Time Frame: 10/1/2015 - 11/10/2017

Trend Report

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 6

Page 15: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

Trend Report

Sold Transaction Sold Transaction

4Q15 10/1-12/31/15 2Q16 04/1-6/30/16

Number of TransactionsTotal Dollar VolumeTotal Bldg Square FeetTotal Land in AcresTotal Land in SFAverage PriceAverage Number of SFAverage Price Per Bldg SFMedian Price Per SFAverage Number of AcresAverage Number of SF(Land)Average Price Per UnitMedian Price Per UnitAverage Number of UnitsActual Cap Rate

1Q16 01/1-3/31/16 4Q16 10/1-12/31/16

Sold TransactionSold Transaction

1$1,330,811

3,3800.23

10,019$1,330,811

3,380$393.73$393.73

0.2310,019

----

2$1,823,174

4,9880.40

17,424$911,587

2,494$365.51$367.60

0.208,712

----

7$29,750,789

55,9722.15

93,654$4,250,113

7,996$531.53$531.52

0.3113,379

----

2$2,250,000

5,3660.29

12,632$1,125,000

2,683$419.31$448.40

0.2912,632

---

5.40%

1Q17 01/1-3/31/17

Number of TransactionsTotal Dollar VolumeTotal Bldg Square FeetTotal Land in AcresTotal Land in SFAverage PriceAverage Number of SFAverage Price Per Bldg SFMedian Price Per SFAverage Number of AcresAverage Number of SF(Land)Average Price Per UnitMedian Price Per UnitAverage Number of UnitsActual Cap Rate

Sold Transaction

1$1,250,000

4,0700.38

16,553$1,250,000

4,070$307.13$307.13

0.3816,553

----

Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 11/10/2017

Page 7

Page 16: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

MAPS AND AERIALS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

P. 16

Page 17: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

MAPS AND AERIALS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection byand/or with the appropriate professionals.

P. 17

Page 18: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

LOCATION MAP2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

P. 18

Page 19: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

DEMOGRAPHICS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Population 1 Mile 3 Mile 5 Mile

Male 8,994 (49.06 %) 75,744 (48.49 %) 183,148 (47.86 %)

Female 9,340 (50.94 %) 80,452 (51.51 %) 199,503 (52.14 %)

Total Population 18,334 156,196 382,651

Age Breakdown 1 Mile 3 Mile 5 Mile

Ages 0-4 928 (5.06 %) 7,684 (4.92 %) 19,178 (5.01 %)

Ages 5-9 1,126 (6.14 %) 9,817 (6.29 %) 24,481 (6.40 %)

Ages 10-14 1,012 (5.52 %) 9,274 (5.94 %) 23,129 (6.40 %)

Ages 15-19 903 (4.93 %) 8,828 (5.65 %) 21,983 (5.74 %)

Ages 20-24 941 (5.13 %) 8,757 (5.61 %) 21,653 (5.66 %)

Ages 25-29 1,051 (5.73 %) 8,767 (5.61 %) 21,376 (5.59 %)

Ages 30-34 1,158 (6.32 %) 8,908 (5.70 %) 21,705 (5.67 %)

Ages 35-39 1,325 (7.23 %) 9,581 (6.13 %) 23,147 (6.05 %)

Ages 40-44 1,476 (8.05 %) 10,618 (6.80 %) 25,586 (6.69 %)

Ages 45-49 1,535 (8.37 %) 11,501 (7.36 %) 27,561 (7.20 %)

Ages 50-54 1,442 (7.87 %) 11,388 (7.29 %) 27,187 (7.10 %)

Ages 55-59 1,267 (6.91 %) 10,658 (6.82 %) 25,326 (6.62 %)

Ages 60-64 1,056 (5.76 %) 9,413 (6.03 %) 22,454 (5.87 %)

Ages 65-69 845 (4.61 %) 7,874 (5.04 %) 19,094 (4.99 %)

Ages 70-74 662 (3.61 %) 6,489 (4.15 %) 15,973 (4.17 %)

Ages 75-79 499 (2.72 %) 5,162 (3.30 %) 12,981 (3.39 %)

Ages 80-84 356 (1.94 %) 3,854 (2.47 %) 9,921 (2.59 %)

Ages 85+ 752 (4.10 %) 7,623 (4.88 %) 19,916 (5.20 %)

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Page 20: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

DEMOGRAPHICS2908 Hollywood Blvd | Hollywood, FL 33021

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteedand should be personally verified through personal inspection by and/or with the appropriate professionals.

Household Income 1 Mile 3 Mile 5 Mile

Median Income $45,899 $42,055 $48,565

Less than $10,000 515 6,124 13,288

$10,000 -$14,999 590 4,239 9,522

$15,000 - $19,999 749 4,726 9,589

$20,000 -$24,999 380 4,379 9,313

$25,000 - $29,999 640 4,934 9,798

$30,000 - $34,999 542 4,168 9,353

$35,000 - $39,999 442 3,944 8,585

$40,000 - $44,999 565 3,576 8,289

$45,000 - $49,999 379 3,246 7,197

$50,000 - $59,999 760 5,320 13,349

$60,000 - $74,999 781 5,833 16,006

$75,000 - $99,999 955 6,083 17,259

$100,000 - $124,999 258 3,630 10,038

$125,000 - $149,999 240 1,933 4,860

$150,000 - $199,999 180 1,859 4,459

Greater than $200,000 102 1,868 5,067

Housing 1 Mile 3 Mile 5 Mile

Housing Units 10,019 81,525 197,555

Occupied Units 8,406 67,298 158,312

Owner Occupied Units 3,899 37,192 97,927

Renter Occupied Units 4,507 30,106 60,385

Vacant Units 1,613 14,227 39,243

Race Demographics 1 Mile 3 Mile 5 Mile

Population Non Hispanic White 11,569 104,152 249,125

Population Black 4,844 41,618 105,683

Population Am In/Ak Nat 29 61 506

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Page 21: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

CITY OF HOLLYWOOD

From the sand to the city, Hollywood is Broward County’s hot spot.

Page 22: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

2

Advantages of Hollywood, Florida

• The Clean Beaches Council, a

national coastal group in

Washington DC, has presented its

first-ever "Most Innovative Beach"

awards to Broward County’s

Hollywood Beach.

• Hollywood Beach is among the first

in Florida to be designated Blue

Wave Beaches, a distinction that

places them among the nations

cleanest, safest and most user-

friendly beaches.

• Characterized by quaint sidewalk

cafés, brick-lined walks, and six

blocks of unique boutiques, shops,

art galleries and dozens of

excellent restaurants along

Hollywood Boulevard and Harrison

Street, this pedestrian-friendly

environment is the perfect place to

enjoy South Florida.

• Hollywood Beach features a one-

of-a-kind oceanfront promenade

called the Hollywood Beach

Boardwalk that stretches nearly

two and a half miles along the

Atlantic.

• The Hollywood Trolley provides a

public transportation service to

improve mobility, enhance the

visitor experience and ease

parking demand and traffic

congestion.

• The easy ocean access and

village-like feel make this a can't

miss destination with numerous

highly-rated restaurants, small

inns and hotels.

Page 23: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

3

Suspendisse elementum rhoncus velit. Nulla turpis

metus, faucibus nec, dignissim at, cursus in,

tortor. Hollywood, Florida is ideally located between two major

international airports. The Fort Lauderdale/Hollywood

International Airport is just a short 10-minute drive, and

the Miami International Airport is located just 30

minutes South. Hollywood is a popular driving

destination, which is easily accessible from several major

Interstates and highways such as I-95, I-75 and Florida’s

Turnpike. Port Everglades, the world’s premier cruise

port is located just 10 minutes away, serves nearly 20

cruise lines. Additionally, the Hollywood Trolley makes

getting around Hollywood Beach and Downtown a

breeze. Visitors and residents can board the trolley at

more than a dozen convenient locations near Hollywood's

major activity and parking areas. Hollywood stands at

the most advantageous location, where everything is

located no more than a 10-minute drive. According to

the United States Census Bureau, the city has a total

area of 30.8 square miles (80 km2), of which 27.34

square miles (71 km2) is land and 3.46 square miles

(9 km2) is water (11.23%). Hollywood is located in

southeastern Broward County, and includes

approximately 5 to 6 miles of Atlantic Ocean beach,

interrupted briefly by a portion deeded to Dania Beach.

Location

Page 24: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

4

Population/Demographics

The city's age demographic shows a mixed population

with 21.3% under the age of 18, 7.0% from 18 to 24,

31.3% from 25 to 44, 23.1% from 45 to 64, and 17.3%

who were 65 years of age or older. The median age was

39 years. For every 100 females there were 94.1 males.

For every 100 women age 18 and over, there were 90.9

men. As of 2000, Hollywood had the seventy-fifth highest

percentage of Cuban residents in the U.S., at 4.23% of

the city's population,[17] and the sixty-fifth highest

percentage of Colombian residents in the US, at 2.26%

of the city's population. It also had the fifty-seventh

highest percentage of Peruvian residents in the US, at

1.05% of the city's population and the twentieth highest

percentage of Romanian residents in the US, at 1.1% of

the its population. As of 2000, speakers of English as

a first language accounted for 66.94% of

residents, Spanish accounted for 21.62%, French made

up 2.06%, French Creole consisted of 1.32% of the

population. The median income for a household in the

city was $40,714, and the median income for a family

was $55,849.

Page 25: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

5

The Art and Culture Center of

Hollywood presents contemporary

gallery exhibitions, live stage

performances and high-quality

education programs for adults and

children. The Center fosters a

creative environment where new and

challenging work can flourish

through programs that reflect the

highest standards of artistry and

diversity. The Downtown Hollywood

Mural Project’s mission is to

beautify and add culture the

Downtown area. You can often watch

the creation of a new mural during

the Third Saturday ArtWalk.

At Hollywood’s Boardwalk you can

find unique shopping, beachfront

restaurants and bars in addition

to yearlong activities and live

music. With oceanfront hotels

and resorts, you will find the

perfect accommodation for a

weekend getaway or staycation.

he Hollywood Beach Boardwalk,

a 2.5-mile-long pedestrian

promenade, bustles with joggers,

skaters, cyclists and old-

fashioned charm, a mere four

steps from the beach's western

edge.

Downtown Hollywood has various

options for any budget and taste.

The growing arts and culture hub

includes grand murals, art

installments, galleries and the

unique ArtsPark at Young Circle,

which hosts weekly activities for

families, foodies, art enthusiasts,

locals and visitors alike. It

includes a 10-acre family friendly

park, outdoor musical

performances, festivals, visual

art, fountains, free glass blowing

demonstrations, beautiful

landscapes, sidewalk cafes in the

area.

Hollywood Attractions

Page 26: Stratford's Bar and Restaurant · Miami, FL 33169 Miami/Dade County Recorded Buyer: Sub Capital Llc Recorded Seller: Five B Properties LLC 18205 Biscayne Blvd Aventura, FL 33160 True

The Hollywood Community Redevelopment Center

Hollywood CRA: Our Mission

THE MISSION OF THE HOLLYWOOD CRA IS TO ELIMINATE SLUMS AND BLIGHT BY:

1) Stimulating private investment and economic growth

2) Upgrading the public infrastructure and public spaces

3) Mobilizing community stakeholders 4) Partnering with the City of Hollywood and Other

Government Agencies

5) Providing leadership for the CRA Districts

For more information on the city of Hollywood, please visit:

• http://www.floridashollywood.org/default.aspx

• http://www.hollywoodcra.org/index.aspx?nid=94

• http://hollywoodchamber.org/