Cypress Road Medical Center 7061 Cypress Rd 13,556 SF 100% Leased Office Building Plantation, FL 33317 $4,286,637 ($316.22/SF) 5.65% Cap Rate

This offering presents a rare opportunity to acquire a fully leased medical office building in Plantation, Florida, one of Broward County’s most established healthcare markets.
The property consists of approximately 12.910 RSF of medical office space situated on a +/- 58,309 SF parcel, providing excellent accessibility and patient convenience with approximately 80 surface parking spaces.
The building is 100% occupied by three established medical tenants, generating $536,211 in gross annual rental income and a projected NOI of approximately $242,000. Lease terms include 3% annual rent escalations, creating built-in income growth for investors.
The lease structure includes one NNN lease and two modified gross leases, where tenants reimburse ownership for expense increases above a base year. One tenant pays all operating expenses, providing stable and predictable cash flow.
Strategically located in Plantation’s growing medical corridor, the property benefits from proximity to major healthcare providers including: Baptist Health Plantation, University of Miami Health System (UHealth Plantation), Florida Medical Center, Sanitas Medical Center, Plantation Medical Center, and HCA Florida Healthcare facilities.
Surrounded by dense residential neighborhoods and strong demographics, the asset provides immediate passive income with long-term demand for medical services in the area.