4100 Davie Road Ext - Parc-64 Office FOR SALE


Hollywood, FL - Driftwood
$7,500,000 USD
305-345-7776
, Hollywood, FL for Sale
$7,500,000 USD
Office - FOR SALE
1/5
null | 6.5% Cap Rate

4100 Davie Road Ext - Parc-64
Hollywood, FL
Driftwood


HIGHLIGHTS

  • 100% occupied by Recovery First; 15-year tenant; renewed two years.
  • Zoning permits overnight stays and medical uses; strong competitive advantage.
  • Built 2010; well-maintained campus; ample parking; minimal CapEx.
  • Davie Road Extension frontage; 15,000+ VPD; Turnpike and airport access.
  • Single-tenant asset with long occupancy history; low management burden.
  • Davie/Hollywood submarket shows steady office/medical demand; supports stability.

OVERVIEW

Marcus and Millichap - The Zylberglait Group is proud to present Parc Sixty-Four, a fully occupied of?ce asset located at 4100 Davie Road Extension in Davie, Florida. This exceptional property offers 22,708 rentable square feet across three buildings built in 2010. The asset is 100% leased to a single, long-term tenant, Recovery First Inc., providing a stable investment with minimal management oversight. The property generates a current Net Operating Income of $485,983, offered at a 6.5% capitalization rate, with stability secured by a recent two-year lease extension and 4% annual rent increases. Positioned on Davie Road Extension, the property offers excellent visibility and access to the Florida Turnpike. The asset’s unique zoning for medical and overnight use provides a signi?cant competitive advantage, making it a valuable and defensible asset for retaining specialized tenants.

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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

Alex ZylberglaitMarcus & MillichapMore Info
305-345-7776

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