Medplex Assemblage FOR SALE


Fort Lauderdale, FL - Knoll Ridge
$12,000,000 USD
954-595-2999
, Fort Lauderdale, FL for Sale
$12,000,000 USD
FOR SALE
1/34
null | Request Cap Rate

Medplex Assemblage
Fort Lauderdale, FL
Knoll Ridge


HIGHLIGHTS

  • Located steps from Holy Cross Hospital in Fort Lauderdale’s core healthcare district
  • Prominent frontage on N Federal Highway (50,500 AADT – FDOT)
  • Strong tenant mix and long-term occupancy history
  • Ideal for medical owner-users or healthcare-focused investors

OVERVIEW

A well-established, cornerstone medplex assemblage is available for sale in the core of Fort Lauderdale’s healthcare district. Just steps from Holy Cross Hospital, the site is positioned in a long-standing medical corridor, supported by a strong base of healthcare users, nearby high-income residential neighborhoods, and premier visibility with direct frontage on Federal Highway. The assemblage is nearly fully stabilized with a solid roster of medical tenants, offering in-place income and operational continuity for investors or end users. With prominent frontage and visibility along the frequently traveled North Federal Highway, 50,500 average daily count (DOT), the property presents a strong opportunity for owner-users or investors in need of functional medical space. Continued growth in Fort Lauderdale’s population and healthcare sector supports the long-term value of this location. Current leases are below market, and on a modified gross basis, presenting an opportunity to add value through marking to market on renewal and converting to a NNN lease structure. The property has maintained high historical occupancy reflecting strong demand and limited supply in this submarket. With an irreplaceable location next to the hospital, and a very high barrier to entry to replicate a medical office in the current market, the property presents a unique opportunity to acquire a legacy asset. Medical Office buildings are highly desirable due to the fact they are considered recession proof compared to other asset classes as they typically provide required medical services that are necessary in strong and weak economies. Interior layouts benefit from elevator access, generous window lines, and natural light throughout. The buildings are well maintained, with lush landscaping that enhances the professional setting. Monument signage along Federal Highway, and ample on-site parking ensures strong exposure and ease of patient access. This offering combines income-producing stability with future flexibility and a rare opportunity to secure a foothold in one of Fort Lauderdale’s most established and growing medical markets.

ASK ABOUT THIS PROPERTY

Jaime SturgisNative Realty Co.More Info
954-595-2999

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

Jaime SturgisNative Realty Co.More Info
954-595-2999

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