
Description
FOR SALE: 4331 North Federal Highway. This 19,492 sq. ft. boutique medical building is a rare trophy asset located mile from Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Building has full impact windows & doors throughout, new roof, all new mechanicals, new electrical & plumbing throughout, new elevator system, new fire sprinklers, new drainage system, and new electric lines coming into the building provided by FPL. Upside in leasing remaining 7,650 sq.ft. of first generational space consisting of 2,350 sq. ft. on the second floor & 5,300 sq. ft. on the 3rd. Once fully leased up, building NOI surpasses market returns for this asset class. Amazing visibility with monument signage and added opportunity for naming rights on the top of the building.
School Ratings & Info
Description
FOR SALE: 4331 North Federal Highway. This 19,492 sq. ft. boutique medical building is a rare trophy asset located mile from Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Building has full impact windows & doors throughout, new roof, all new mechanicals, new electrical & plumbing throughout, new elevator system, new fire sprinklers, new drainage system, and new electric lines coming into the building provided by FPL. Upside in leasing remaining 7,650 sq.ft. of first generational space consisting of 2,350 sq. ft. on the second floor & 5,300 sq. ft. on the 3rd. Once fully leased up, building NOI surpasses market returns for this asset class. Amazing visibility with monument signage and added opportunity for naming rights on the top of the building.
Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-01-22T15:43:28.147.