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4848 Coconut Creek Pky
Coconut Creek, FL 33063

$11,000,000 USD

Medical For Sale • 30,095 SF

Property Details

Property Type Medical
Total Building Size 30,095 SF
Lot Size 0.56 AC
Building Class A
Year Built 2008
Cap Rate 5.94 %
Tenancy Multiple
Zoning PCD

33 Transit Score

45 Walk Score

                
                    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

Cap Rate:

5.94 %

Amenities

Bus Line
Signage
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	5.2 mi
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	10 min	-	5.7 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	27 min	-	16.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Patrick Wagor 561-427-6699 Atlantic Capital Partners

4848 Coconut Creek Pky Coconut Creek, FL 33063