Listed by Berlin Group
$7,250,000
4331 Medical Office - Ft. Lauderdale
Details
APN 494224060180
Property Type Office
Sub Type Medical Office
Square Footage 19,492
Net Rentable (SqFt) 16,600
Cap Rate 6.58%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1973
Year Renovated 2017
Buildings 1
Stories 4
Lot Size (SqFt) 24,363
Zoning B-1
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Medical NNN Leases | Established Tenants | 500 Feet from Holy Cross Hospital
Marketing description
Berlin Group is proud to present this 19,492 SF, four-story medical office building (“MOB”) positioned along North Federal Highway in Fort Lauderdale/ Oakland Park, less than 500 feet from Holy Cross Hospital.
The property is anchored by a diverse roster of healthcare providers, including 4Ever Young Anti-Aging Solutions (66+ locations), Encore MRI (11 Florida centers), Aesthetix Dermatology, and Coastal Infusion, a subsidiary of Sagebrush Health, which operates 12 specialty practices across Nevada, Connecticut, and South Carolina along with four additional clinics in South Florida.
Built in 1998 and fully renovated in 2017, the property offers contemporary finishes with no deferred maintenance, 68 on-site parking spaces, and additional parking secured on an adjacent parcel.
Investment highlights
Stabilized Medical Office Opportunity:
- Established Regional and National Medical Tenants
- Landlord-Friendly Triple Net Leases with Full Expense Reimbursement
- Extensively Renovated with No Deferred Maintenance
- Elevator Served Building with Contemporary Finishes
- On-Site Security Cameras and Ample Parking
Prime Location with Excellent Visibility:
- Affluent Demographics with $110,000+ Average Household Income within 1-Mile Radius
- Located in Medical Corridor and Less than 500 Feet from Holy Cross Hospital (557 beds)
- High Visibility with Monument Signage on North Federal Highway with 48,000 Vehicles Per Day
Listing Contacts
Listed by Berlin Group
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