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4100 Davie Road Ext - Parc-64 3 Office Properties Offered at $7,500,000 in Hollywood, FL
Investment Highlights
- 100% occupied by Recovery First; 15-year tenant; renewed two years.
- Built 2010; well-maintained campus; ample parking; minimal CapEx.
- Single-tenant asset with long occupancy history; low management burden.
- Zoning permits overnight stays and medical uses; strong competitive advantage.
- Davie Road Extension frontage; 15,000+ VPD; Turnpike and airport access.
- Davie/Hollywood submarket shows steady office/medical demand; supports stability.
Executive Summary
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.
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.
Property Facts
| Price | $7,500,000 | Number of Properties | 3 |
| Price / SF | $330.28 / SF | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 22,708 SF |
| Sale Type | Investment | Total Land Area | 1.52 AC |
| Status | Active |
| Price | $7,500,000 |
| Price / SF | $330.28 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,708 SF |
| Total Land Area | 1.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
4110 Building
4110 Davie Road Ext, Hollywood, FL 33024 |
Office | 12,100 SF | 2009 | - |
|
4120 Building
4120 Davie Road Ext, Hollywood, FL 33024 |
Office | 5,304 SF | 2008 | - |
|
4100 Building
4100 Davie Road Ext, Hollywood, FL 33024 |
Office | 5,304 SF | 2009 | - |
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4100 Davie Road Ext - Parc-64
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