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Bonvie Realty, as the exclusive agent on behalf of the Owner, is proud to exclusively offer for sale 4331 North Federal Highway. This 19,492 sq. ft. boutique medical building is a rare trophy asset located ½ mile from Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Stellar tenants include: 4EVERYOUNG ANTI-AGING SOLUTIONS, POM MRI & IMAGING CENTER, & AESTHETI SKIN SURGERY BY DR. IGOR CHAPLIK. 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. Existing tenants have long term leases making this a very stable, CASH FLOW POSITIVE ASSET for the next investor and or end user to utilize the vacant space. Nice upside in leasing up remaining 7,650 sq. ft. of first generational space consisting of 2,350 sq. ft. on the second floor and 5,300 sq. ft. on the 3rd floor. Once fully leased up, building NOI surpasses market returns for this asset class. Unique opportunity for new owner user to utilize remaining space having existing tenant’s rent off-set new owner’s rent-carry, essentially making the space “free”. Over 5 | 1,000 parking. Covered drop off and pick up by entrance doorways. Amazing visibility with monument signage and added opportunity for naming rights on the top of the building. Located on the west side of US-1 between Oakland Park Boulevard & Commercial Blvd, next to American National Bank. Located less than ½ mile to Holy Cross Hospital and 3 miles to Broward Health Imperial Point Hospital. Near great dining, retail, and close proximity to Coral Ridge Shopping Mall which is home to Target, Publix, Marshall’s, T.J Maxx, and many other national retailers.
Investment Highlights
- RARE OPPORTUNITY TO ACQUIRE A COMPLETELY REMODELED BOUTIQUE MEDICAL BUILDING IN EAST FT. LAUDERDALE
- JOIN: 4EVERYOUNG; POM MRI & IMAGING CENTER; AESTHETI SKIN SURGERY BY DR. IGOR CHAPLIK
- LONG TERM LEASES INSURING STABILITY OF CASH FLOW FOR YEARS TO COME
- LESS THAN 1/2 MILE TO HOLY CROSS HOSPITAL & 3 MILES TO BROWARD HEALTH IMPERIAL POINT HOSPITAL
- OPPORTUNITY FOR OWNER USER TO RENT FOR “FREE” WITH ANCILARY INCOME FROM EXISTING TENANTS
- MONUMENT & BUILDING NAMING OPPORTUNITY
Executive Summary
Amenities
- 24 Hour Access
- Air Conditioning
- Bus Line
- Security System
- Signage
- Air Conditioning
- High Ceilings
- Natural Light
Contact Agent
-
Rick Bonvie
Principal
Phone(954) 232.8494
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