Listed by RE/MAX 5 Star Realty
$5,600,000
4121 NW 5th St • Plantation, FL
Details
APN 504101290010
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 19,123
Year Built 1971
Lot Size (SqFt) 43,997
Plantaion Medical / Professional Office Building | 84.6% Occupied
Marketing description
This two-story, 19,123 SF office/medical building sits on a 43,997 SF lot and features 67 parking spaces. The property has been fully renovated, including a new roof (2018), updated exterior paint, remodeled interiors, porcelain tile hallways, new asphalt, fencing, and landscaping. The building is currently 84.6% occupied, offering significant upside for both investors and owner-users. The entire ground floor medical space totaling approximately 6,589 SF is currently vacant and available for immediate occupancy, making this an ideal opportunity for an owner-user.
Investment highlights
- Two-Story Medical / Professional Office Building
- A++ Plantation Location Near Broward Boulevard, University Drive and Florida’s Turnpike
- 19,123 SF Building on a 43,997 SF Lot
- ±6,589 SF Ground-Floor Medical Space Available for an Owner-User
- 84.6% Occupied with a Strong Tenant Mix
- Actual NOI: $158,645
- Projected NOI: $474,917 with a 8.5% Proforma CAP Rate
- Ample On-Site Parking
- Fully Renovated Property with New Roof Completed in 2018
Listing Contacts
Listed by RE/MAX 5 Star Realty
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