4848 Coconut Creek Pky - Medical FOR SALE
Coconut Creek, FL 33063 |
$11,000,000 USD
561-427-6699
4848 Coconut Creek Pky
Coconut Creek, FL 33063
HIGHLIGHTS
- Rare opportunity to acquire a value-add medical office asset that’s part of a new Sprouts Farmers Market anchored Mixed-Use development in South Flori
- Major upside through leasing or selling second and third floors with in-place income from long-term ground floor tenant, Genesis Care
- Genesis Care has operated at this location since 2013 and operates 256 cancer treatment centers making it one of the largest providers of cancer care
- Ground floor space has been a cancer treatment center since 2009 ($7.5 million build-out, $5 million equipment package including a linear particle acc
- Dense in-fill market with high barriers to entry (139,000 people and 70,000 employees in 3 miles)
- Dynamic trade area with close proximity to several demand generators including Wynmoor, a 55+ community with over 9,000 residents, Northwest Medical C
FOR SALE DETAILS
PRICE
$11,000,000 USD
PRICE/SF
$366 USD /SF
CAP RATE
5.94%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Strada Medical Office | Value-Add Opportunity
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
A
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,394 SF
ZONING
PCD
APN/PARCEL ID
48-42-31-33-0080,48-42-31-AM-0010
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561-427-6699
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561-427-6699
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