www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31113512
31113513

3880 Coconut Creek Pkwy, Coconut Creek, FL 33066 For Sale

DR
FL SL3428197, FL 3428197
Native Realty
Listed by Native Realty
$3,400,000
127 days on market
Updated 0 days ago

Coconut Creek Medical Center

Details
APN 48-42-32-13-0010
Property Type Office
Sub Type Medical Office
Square Footage 10,644
Units 6
Cap Rate 6.13%
NOI $208,484
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $319
Broker Co-Op Yes
Class B
Year Built 1977
Buildings 1
Stories 1
Acreage 0.700
Zoning B-3
Investment Type Value Add

100% Leased Medical Office Property w/ Future Upside | 10,644 SqFt

Marketing description

Native Realty is pleased to present this beautiful and expansive, fully leased medical office building available at 3880 Coconut Creek Parkway. This 10,644 SF building houses six long term tenants that are all on NNN leases. The location is second to none for accessibility, located in central Broward county just seconds from the Turnpike. Tenants operating in this property, one of the only medical plazas in the immediate area, benefit from a strong suburban and aging patient base and ample on-site parking, ensuring excellent accessibility for these patients. Positioned on a hard corner with prominent monument signage seen by over 26,000 vehicles per day, the building offers outstanding visibility and branding potential for current tenants, as well as future tenants.

Along with the strong and stable in place cash flow, including five of the six leases having a minimum annual base rent increase of 5%, a buyer can expect future financial upside with the asset as the average rents are well below market. Don't miss this opportunity to acquire a highly sought after medical building asset that has it all, strategic location, strong cash flow, and future upside.

Investment highlights

  • 100% Occupied, NNN Leased Medical Building
  • Stable in place cash flow, with below market rents for future upside
  • Strong annual rent increases
  • Growing surrounding trade area w/ dense suburban population
  • Central Broward County location for easy access from all directions

Listing Contacts

DR
FL SL3428197, FL 3428197
Native Realty
Listed by Native Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$208,483.92
$17,373.66/mo

Valuation Metrics

0
DSCR
6.13%
Cap Rate
6.13%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Dan Ross
License
SL3428197
Brokerage
Native Realty Co.
Title
Executive Director - Commercial
Brokerage Address
1926 East Sunrise Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591