Listed by KW Commercial Phoenix/Glendale-Peoria
$2,520,000
Plantation Medical
Details
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 5,315
Units 28
Cap Rate 6.8%
NOI $171,408
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 7
Lease Expiration 11/30/2032
Remaining Term 6.5
Rent Bumps Yes
Lease Options One 7-yr Option
Class B
Year Built 1986
Buildings 1
Parking Spaces spaces
Investment Type Net Lease
Lease Commencement 11/05/2025
Office | 6.80% CAP | 5,315 SqFt
Marketing description
This property offers a stable investment opportunity with a newly signed lease. Designed as a turnkey medical facility, it features a spacious waiting room, multiple exam rooms, and dedicated areas for clerical and insurance operations, creating a seamless workflow for medical professionals. Additionally, owner and physician amenities include a private entrance with covered parking and office suites with private restrooms, enhancing convenience and privacy.
Investment highlights
- Excellent Cap for strong Medical deal
- Absolute NNN - No LL responsibilities
- 5315 sf on .51 Acres
- Tenant has 5 locations along coastal FL
- Medical office - recession resistant
- A+ Location, near Westside Reg. Hospital
- Strong demand area for Healthcare RE
- Easy access to major freeways
Listing Contacts
Listed by KW Commercial Phoenix/Glendale-Peoria
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,408.00
$14,284.00/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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