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100% Leased Med. Bldg. 3061 E Commercial Blvd 4,468 SF Office Building Fort Lauderdale, FL 33308 $1,700,000 ($380.48/SF)
Investment Highlights
- Significant interior and exterior renovation in 2020
- Recession-Proof Tenant: Long-term lease with a medical provider.
- High Visibility: Main entrance on East Commercial BLVD, over 40,000 vehicles per day
- Prime Location: Less than one mile from Holy Cross Hospital
- Fully Leased Medical Center: NNN Lease
Executive Summary
Lease Term Remaining: 4+ Yrs.
Annual Increases: 3%
High Visibility: Main entrance on East Commercial BLVD over 40,000 vehicles per day
Convenient Location: Under 3 miles to I-95 & 5 miles to Fort Lauderdale Executive Airport
Tenant Stability: Reliable medical tenant with annual rent escalations. Significant interior and exterior renovation done in 2020
Recession-Proof Tenant: Long-term lease with a medical provider. Prime Location: Less than one mile from Holy Cross Hospital and Lauder
Annual Increases: 3%
High Visibility: Main entrance on East Commercial BLVD over 40,000 vehicles per day
Convenient Location: Under 3 miles to I-95 & 5 miles to Fort Lauderdale Executive Airport
Tenant Stability: Reliable medical tenant with annual rent escalations. Significant interior and exterior renovation done in 2020
Recession-Proof Tenant: Long-term lease with a medical provider. Prime Location: Less than one mile from Holy Cross Hospital and Lauder
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,468 SF
Building Class
B
Year Built/Renovated
1968/2020
Price
$1,700,000
Price Per SF
$380.48
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,468 SF
Building FAR
0.27
Lot Size
0.38 AC
Zoning
CB - Medical Office Zoning: CB - (Community Business)
Parking
24 Spaces (5.37 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-42-13-07-0640 | Improvements Assessment | $1,065,430 |
| Land Assessment | $168,000 | Total Assessment | $1,233,430 |
Property Taxes
Parcel Number
49-42-13-07-0640
Land Assessment
$168,000
Improvements Assessment
$1,065,430
Total Assessment
$1,233,430
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100% Leased Med. Bldg. | 3061 E Commercial Blvd
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