2850 N Federal Hwy - Medical FOR SALE


Lighthouse Point, FL 33064- Outer Pompano Beach/Deerfield Beach
$11,600,000 USD
561-945-7772
2850 N Federal Hwy, Lighthouse Point, FL for Sale
$11,600,000 USD
Medical - FOR SALE
1/4
null | 5.11% Cap Rate

2850 N Federal Hwy
Lighthouse Point, FL 33064
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • 97% occupied with national tenants.
  • Redone building inside and out. New elevators, new lobby area, new impact windows, new ADA bathrooms, and updated common area.
  • One acre vacant land next door to building, directly on Federal Hwy.
  • Directly on federal Hwy.

OVERVIEW

Federal Plaza is a 2-acre site directly on Federal Hwy. On the 1st site there is a 28,000 square foot building fully occupied with all tenants that are publicly traded companies. The 2nd site, next door is a one acre parcel of land that is vacant. A future site that can be developed. Call for O/M and more information.

FOR SALE DETAILS

PRICE

$11,600,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

5.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Federal Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

B-3A

APN/PARCEL ID

48-43-19-00-0180

ASK ABOUT THIS PROPERTY

Joseph ScarfoneONE Investment GroupMore Info
561-945-7772

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Joseph ScarfoneONE Investment GroupMore Info
561-945-7772

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.