The time is right to invest in real estate when starting or growing a business in Hollywood. Prime locations will give you a leg up on the competition and help you get your products and services to market faster and at a lower cost. Hollywood, Florida, offers all the amenities and resources national and international companies seek when looking for a location to call home. Source: Costar, 5/2025 Hollywood Office Submarket The City of Hollywood market is a center of employment in professional services and healthcare. There are three main office nodes along Hollywood Boulevard, Sheridan Street, and Downtown. Source: Costar, 5/2025 Source: CoStar 5/2025 Available Asking Rent/Square Feet $35.84 Rate 7.9% Vacant Square Feet 504K Available Rate 8.8% Available Square Feet 564K Source: CoStar, 5/2025 Existing Bldgs 627 Inventory Square Feet 6.4M Average Square Feet 10.2K Under Construction Square Feet 0 12 Month Delivered Square Feet 0 Source: CoStar, 5/2025 12 Month Net ABS Square Feet - 136K 6 Month Leasing Probability 44.0% Source: CoStar, 5/2025 Properties Sold 36 Sale Price/Square Feet $227 Average Market Sale Price $2.3M Sales Volume $32.9M Market Cap Rate 8.7% Hollywood Industrial Submarket The industrial submarket in Southeast Florida remains competitive. Tenant interest continues to grow in prime industrial areas of Hollywood. Hollywood's industrial sites are home to a wide variety of business sectors, including aerospace companies, advertising agencies, uniform and facility services providers, and architectural and interior design firms. An eclectic cluster of high-end design firms has formed the South Florida Design Park, which features Jerry Pair, Stark Carpet, Scalamandré, Stephen Turner, J Nelson, Judith Norman Now, Snaidero, and Florida Blinds & Drapery, among others. Source: Costar, 5/2025 Source: CoStar, 5/2025 Asking Rent/Square Feet $22.68 Vacancy 4.8% Vacant Square Feet 1.6M Available Rate 6.4% Available Square Feet 2.M Source: CoStar, 5/2025 Buildings 1,975 Inventory Square Feet 33.4M Under Construction 368K 12 Month Deliveries 437K Source: CoStar, 5/2025 12 Month Absorption Square Feet 7.8K 6 Month Leasing Probability 59.3% Source: CoStar, 5/2025 Properties 100 Sales Price/Square Feet $265 Asking Price Per Square Feet $4.5M Sales Volume $168M Cap Rate 6.7% Hollywood Retail Submarket Interest in Hollywood’s urban and suburban core retail market from national tenants continues to grow at a steady and sustainable pace. The Place at Hollywood, a Wal-Mart anchored shopping center, continues to reshape and drive demand along the State Road 7 Corridor on Hollywood's west side. Florida’s Hollywood, voted one of the nation’s top 25 beach destinations by TripAdvisor®, continues to attract tourists from around the world. This consistent influx of visitors creates a steady demand for quality retail and entertainment options. Source: Costar, 5/2025 Source: CoStar, 5/2025 Asking Rent/Square Feet $36.52 Vacancy 4.8% Vacancy Square Feet 567K Available 18.9% Available Square Feet 626K Source: CoStar, 5/2025 Buildings 1,119 Inventory Square Feet 11.8M Average Building Square Feet 10.6K Under Construction 0 12 Month Deliveries 18.8K Source: CoStar, 5/2025 12 Month Absorption Square Feet - 200K 6 Month Leasing Probability 42.0% Source: CoStar, 5/2025 Properties 54 Sale Price Per Square Feet $353 Asking Price Per SQuare Feet $3.7M Sales Volume (Mil.) $107M Market Cap Rate 5.9%