Listed by Native Realty
$3,500,000
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 5.85%
NOI $204,681
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $329
Broker Co-Op Yes
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
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
Listed by Native Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$204,681.00
$17,056.75/mo
Valuation Metrics
0
DSCR
5.85%
Cap Rate
5.85%
ROI
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