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3880 Coconut Creek Pky
Coconut Creek, FL 33066 Outer Coral Springs

$4,310,820 USD

Medical For Sale  •  10,644 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,644 SF
  • Lot Size 0.7 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 5.54 %
  • Tenancy Multiple
  • Zoning B-3, Coconut Creek
32 Transit Score
32 Walk Score

Highlights

In-place rents average $13.95/SF, presenting a nearly 100% mark-to-market opportunity versus prevailing rates of approximately $25/SF NNN
±3,233 SF turnkey medical facility featuring 9 exam rooms, 5 private offices, 3 restrooms, a nurses’ station, and a break room.
Benefits from ±119,500 vehicles per day along Florida’s Turnpike, enhancing visibility and patient accessibility

Property Flyers

Cap Rate: 5.54 %

Major Tenants

Tenant SF Occupied Lease End Date
4 Element Wellness Llc
Advantage
Dr. Hawk 7/30/2023
Independent Medical Group, Llc
Physician Care Centers
Pioneer Clinical Research
Rising Hope Treatment Center

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.5 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.8 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 26 min - 16.9 mi
Palm Beach International 47 min - 35.7 mi
Miami International 58 min - 43.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Grant Steinberg 561-558-7695 Matthews Real Estate Investment Services
Grant Steinberg 561-558-7695 Matthews Real Estate Investment Services