100% leased free-standing single-tenant eye surgery center leased to Baptist Health surgery and endoscopy centers. The ambulatory surgery center, located at 3737 N. Pine Island Road in Sunrise, specializes in cataract surgery and intraocular lens implants, femtosecond laser (optimizes the precision, safety and control of traditional cataract surgery), YAG laser procedures, cornea transplants, blepharoplasty/eyelid revision procedures and retina procedures.
Baptist purchased the highly-profitable eye surgery center business at this location in 2014. The original 10-year lease was just renewed by Baptist for another 5 years.
The lease is a NN lease with the landlord only responsible for roof and structure.
Baptist Eye Surgery Center in Sunrise is a high-traffic location with nearby traffic counts of 40,000 and 60,000 plus ADT and 184,008 population in the 3-mile radius & 426,021 in the 5-mile radius. Sunrise is undergoing tremendous population growth. Broward County/Greater Fort Lauderdale is a metropolitan area of 31 municipalities and nearly 2 million people that fosters and promotes business attraction, expansion and new capital investment. Greater Fort Lauderdale is the center of the South Florida metropolitan statistical area, the largest MSA in the Southeast with a population of 6.1 million.