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Strada Medical Office | Value-Add Opportunity 4848 Coconut Creek Pky
30,095 SF Vacant Office Building Coconut Creek, FL 33063 $11,000,000 ($366/SF) 5.94% Cap Rate
Investment Highlights
- Rare opportunity to acquire a value-add medical office asset that’s part of a new Sprouts Farmers Market anchored Mixed-Use development in South Flori
- Genesis Care has operated at this location since 2013 and operates 256 cancer treatment centers making it one of the largest providers of cancer care
- Dense in-fill market with high barriers to entry (139,000 people and 70,000 employees in 3 miles)
- Major upside through leasing or selling second and third floors with in-place income from long-term ground floor tenant, Genesis Care
- Ground floor space has been a cancer treatment center since 2009 ($7.5 million build-out, $5 million equipment package including a linear particle acc
- Dynamic trade area with close proximity to several demand generators including Wynmoor, a 55+ community with over 9,000 residents, Northwest Medical C
Executive Summary
Property Facts
Amenities
- Bus Line
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light produced by the abundance of windows within the space. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
Nestled within a Grade A medical building, this prime second-generation medical space offers unparalleled potential. Flooded with abundant natural light from expansive windows, it includes a reception area, waiting room, 4 exam rooms with sinks, 2 private offices, conference room, procedure room, X-Ray room, soiled room, 2 private restrooms, and IT closet. Enjoying high visibility in a bustling corner, surrounded by residential communities and upcoming businesses like Sprouts and Cali Coffee, as well as established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub.
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light produced by the abundance of windows within the space. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light and boasting expansive floor-to-ceiling windows. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant Improvement allowance available.
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light and boasting expansive floor-to-ceiling windows. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1B | 1,500 SF | Office | Shell Space | Now |
| 2nd Fl-Ste 2A | 5,000 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 2B | 2,500-5,340 SF | Office | Shell Space | Now |
| 3rd Fl-Ste 3A | 2,500-5,000 SF | Office | Shell Space | Now |
| 3rd Fl-Ste 3B | 2,500-5,340 SF | Office | Shell Space | Now |
1st Fl-Ste 1B
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
2nd Fl-Ste 2A
| Size |
| 5,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2B
| Size |
| 2,500-5,340 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
3rd Fl-Ste 3A
| Size |
| 2,500-5,000 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
3rd Fl-Ste 3B
| Size |
| 2,500-5,340 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 1B
| Size | 1,500 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light produced by the abundance of windows within the space. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
2nd Fl-Ste 2A
| Size | 5,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Nestled within a Grade A medical building, this prime second-generation medical space offers unparalleled potential. Flooded with abundant natural light from expansive windows, it includes a reception area, waiting room, 4 exam rooms with sinks, 2 private offices, conference room, procedure room, X-Ray room, soiled room, 2 private restrooms, and IT closet. Enjoying high visibility in a bustling corner, surrounded by residential communities and upcoming businesses like Sprouts and Cali Coffee, as well as established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub.
2nd Fl-Ste 2B
| Size | 2,500-5,340 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light produced by the abundance of windows within the space. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
3rd Fl-Ste 3A
| Size | 2,500-5,000 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light and boasting expansive floor-to-ceiling windows. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant Improvement allowance available.
3rd Fl-Ste 3B
| Size | 2,500-5,340 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Discover unparalleled potential in this prime shell space nestled within a Grade A medical building, flooded with abundant natural light and boasting expansive floor-to-ceiling windows. With a tenant improvement allowance offered by the landlord, the possibilities for customization are endless. Situated on a heavily trafficked corner, this space enjoys high visibility, surrounded by numerous residential communities and upcoming businesses like Sprouts and Cali Coffee, alongside established retailers such as Walgreens, Regions Bank, Conviva, and Sentry Self Storage. With approximately 32,600 passing vehicles daily in the vibrant general area, seize this opportunity to establish your business in a thriving commercial hub. Tenant improvement allowance available.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,139,460 | |
| Land Assessment | $478,770 | Total Assessment | $4,618,230 |
PROPERTY TAXES
-
Patrick Wagor -
Atlantic Capital Partners
Presented by
Strada Medical Office | Value-Add Opportunity | 4848 Coconut Creek Pky
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