4331 N Federal Hwy - Medical FOR SALE


Fort Lauderdale, FL 33308
$7,500,000 USD
305-281-8087
4331 N Federal Hwy, Fort Lauderdale, FL for Sale
$7,500,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

4331 N Federal Hwy
Fort Lauderdale, FL 33308


HIGHLIGHTS

  • 100% Medical Tenancy with Regional and National Providers
  • Landlord-Friendly Triple Net Leases with Full Expense Reimbursement
  • Extensively Renovated in 2017 with No Deferred Maintenance
  • Elevator Served Building with Contemporary Finishes
  • On-Site Security Cameras and Ample Parking
  • Affluent Demographics with $110,000+ Average Household Income within 1-Mile Radius

OVERVIEW

The Berlin Group is proud to present an exceptional opportunity to acquire a premier 19,492-square-foot, four-story medical office building prominently situated along North Federal Highway in Fort Lauderdale/ Oakland Park. The property is strategically positioned within the city's dedicated medical corridor, less than 500 feet from Holy Cross Hospital (557 beds) and offers a rare combination of stability from established tenancy alongside significant flexibility for an incoming owner-user. The building is currently approx. 60% occupied, with tenants including 4Ever Young Anti-Aging Solutions (66 locations), Encore MRI (11 locations), and Aesthetix Dermatology (one location). There are two vacancies- Suite 201 and the entire third floor (Suite 300). Both require full build-outs, creating a unique opportunity for an owner-occupier to design and customize the space to their exact specifications while benefitting from income in place. Extensively renovated in 2017, the property is in excellent condition with no deferred maintenance. The site offers 68 on-site parking spaces, many of them covered, with additional parking secured through a dedicated agreement on the adjacent parcel.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4331 N Federal Hwy

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,363 SF

ZONING

B-1, Fort Lauderdale

APN/PARCEL ID

49-42-24-06-0180

ASK ABOUT THIS PROPERTY

Benedict GutierrezBerlin GroupMore Info
305-281-8087

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Benedict GutierrezBerlin GroupMore Info
305-281-8087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.