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Bank of America Building
PRIME OFFICE LOCATION: The Property is strategically located on Presidential Circle in the heart of Hollywood, and offers superior accessibility to commuters via immediate access to Interstate 95 and HIGH DENSITY CORRIDOR: Hollywood Boulevard is the major east/west thoroughfare in southern Broward County and sees an average daily traffic count above 54,000 vehicles near Presidential Circle.
CONVENIENT ACCESS: Bank of America Building is just one mile west of Interstate 95 and the Hollywood Tri-Rail station, and two miles from Florida's Turnpike, with BC Transit Bus and Sun Shuttle stops.
Marcus & Millichap, as exclusive advisor, is pleased to present for sale the Bank of America Building (the “Property”), a trophy office building strategically located on Hollywood Boulevard’s iconic Presidential Circle. The three-story, 20,000-square-foot property is anchored by Bank of America and includes a bank drive-through, private restrooms and exterior corridor entrances to each suite. The Property, constructed in 1990, is situated on four parcels totaling 1.2 acres and provides an ample parking ratio of 4.5 spaces per 1,000 rentable square feet. The Bank of America Building is located between Interstate 95 and Florida’s Turnpike on Hollywood Boulevard, a major east/west thoroughfare in southern Broward County. With close proximity to these major highways, as well as the Hollywood Tri-Rail station, an on-site bus and shuttle stop and Fort Lauderdale’s International Airport; the Property provides excellent access for both customers and commuters. The Property is surrounded by an abundance of amenities, and is also within just minutes of Downtown Fort Lauderdale and Hollywood Beach. The Bank of America Building provides the unique opportunity for an owner-user or investor to own a highly recognizable, trophy office building on the iconic Presidential Circle in the heart of Hollywood, Florida.
Month | Payment | Principal | Interest | Total Interest | Balance |
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$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 17,263 | 188,306 | 479,574 | |
Population Median Age | 42 | 39 | 40 | |
Population by Age | 0-9 Yrs | 1566 (9%) | 24084 (12%) | 57472 (11%) |
10-19 Yrs | 1763 (10%) | 21218 (11%) | 50723 (10%) | |
20-29 Yrs | 2232 (12%) | 25324 (13%) | 61556 (12%) | |
30-39 Yrs | 2680 (15%) | 27669 (14%) | 68662 (14%) | |
40-49 Yrs | 2286 (13%) | 26007 (13%) | 65439 (13%) | |
50-59 Yrs | 2369 (13%) | 24509 (13%) | 65414 (13%) | |
60-69 Yrs | 1862 (10%) | 20380 (10%) | 55243 (11%) | |
70+ Yrs | 2507 (14%) | 19116 (10%) | 55066 (11%) | |
Median HH Income | $60,893 | $47,559 | $52,067 | |
Total Household Income | < 24K | 981 (15%) | 15555 (23%) | 37844 (21%) |
25-49K | 1687 (26%) | 19044 (28%) | 46220 (26%) | |
50-74K | 1482 (22%) | 12846 (19%) | 33045 (18%) | |
75-99K | 797 (12%) | 7310 (11%) | 19738 (11%) | |
100-199K | 1152 (17%) | 8601 (13%) | 28408 (16%) | |
200K+ | 386 (5%) | 2443 (3%) | 9187 (5%) | |
Highest Education Level | No Diploma | 1323 | 20332 | 43419 |
Diploma or GED | 3566 | 40401 | 96853 | |
Some College | 2858 | 25516 | 69308 | |
Assoc. Degree | 1287 | 14061 | 35525 | |
Bachelors Degree | 2278 | 19715 | 60782 | |
Higher Degree | 1273 | 10968 | 36522 | |
Total Housing Units | 7,761 | 77,208 | 226,677 | |
--Owner-Occupied | 3,917 | 34,133 | 100,344 | |
--Renter-Occupied | 2,567 | 31,666 | 74,098 | |
Owner-Occupied Values | < 100K | 667 | 5815 | 12513 |
100-199K | 544 | 9624 | 26128 | |
200-299K | 759 | 9626 | 27003 | |
300-399K | 1251 | 5297 | 15992 | |
400-499K | 445 | 1662 | 5773 | |
500K+ | 252 | 2110 | 12935 | |
Total Working Age Population | 14,557 | 151,294 | 390,808 | |
In Work Force | 9,609 | 101,030 | 255,143 | |
Not In Work Force | 4,947 | 50,264 | 135,665 | |
Workforce Employed | 9,134 | 93,904 | 238,852 | |
Workforce Unemployed | 466 | 7,088 | 16,150 | |
Civlian Workforce | 9,600 | 100,992 | 255,002 | |
Military Workforce | 9 | 38 | 141 | |
Total Households | 6,484 | 65,799 | 174,442 | |
Family Households | 4,231 | 41,527 | 108,965 | |
Non-Family Households | 2,253 | 24,272 | 65,478 | |
Married Couple | 2,842 | 24,563 | 69,196 | |
Other Family | 1,388 | 16,965 | 39,769 | |
Married w/Child | 940 | 9,940 | 25,158 | |
Single Male w/Child | 281 | 2,090 | 4,274 | |
Single Female w/Child | 445 | 5,762 | 13,389 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Florida | 15,982,378 | +18 | 18,801,310 | +14 | 21,517,610 | +13 | 24,340,457 |
Broward County | 1,623,018 | +8 | 1,748,066 | +11 | 1,942,686 | +9 | 2,120,334 |
Miami-Dade County | 2,253,362 | +11 | 2,496,435 | +15 | 2,861,579 | +11 | 3,190,242 |