For Sale
$1,700,000

7050 4Th StPlantation, FL 33317

High-demand medical suites, 7% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents three medical office suites totaling 4,354 square feet within a Class B building in Plantation, Florida. Located at 7050 NW 4th St, 33317, this multi-tenant property boasts 100% occupancy with recently signed 5-year leases, ensuring a stable income stream. The property features ample on-site parking, catering to both patients and staff. The asking price is $1,700,000, offering a compelling 7.0% capitalization rate. Condominium association dues are $2100 per month for all three suites. This purpose-built facility is ideally suited for a variety of medical practices, benefiting from its prime location in a thriving medical and business hub with easy access to major highways. The property's design includes spacious exam rooms and flexible office spaces, making it an attractive option for healthcare providers seeking a well-established and high-demand location. This is a turnkey investment opportunity with significant growth potential in a desirable area. The property is a NNN lease type.

Highlights

  • 7% CAP Rate.
  • $2,100/month total condo fees (all three suites).
  • Recently signed 5-year leases.
  • Ample patient, client, and employee parking.
  • Prime Plantation location.
  • Excellent condition.

Property Details for 7050 4Th St

Property type
Office properties, Medical offices
Square Feet
4,354 SF
Class
B

Location Insight

City
Plantation
County
Broward
State
Florida
Latitude
26.125085792997
Longitude
-80.242162546323
7050 4Th St, Plantation, Florida

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7050 4Th St
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