IMAC Office Center | 7421-7497 NW 4th St
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IMAC Office Center 7421-7497 NW 4th St
27,060 SF 94% Leased Office Building Plantation, FL 33317 $5,915,000 ($219/SF) 7% Cap Rate
Investment Highlights
- Diverse and stabile rent roll with lease maturities well spaced out
- Local professionals primarily engaged in medical, legal and financial services with below market rents
- Ample parking
- Centrally located office building
- Well maintained with new roof May, 2018
Executive Summary
Reduced Price to 7.0% Cap!
Centrally located office building with 23 tenants consisting of local professionals primarily engaged in medical, legal and financial services with below market rents. Offered well below replacement cost at $240 psf. Well maintained with new roof May, 2018. Ample parking. Diverse and stabile rent roll with lease maturities well spaced out.
Centrally located office building with 23 tenants consisting of local professionals primarily engaged in medical, legal and financial services with below market rents. Offered well below replacement cost at $240 psf. Well maintained with new roof May, 2018. Ample parking. Diverse and stabile rent roll with lease maturities well spaced out.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
27,060 SF
Building Class
C
Year Built
1975
Price
$5,915,000
Price Per SF
$219
Cap Rate
7%
NOI
$414,000
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
27,060 SF
Building FAR
0.29
Lot Size
2.13 AC
Zoning
B-4P, Plantation - RESTRICTED BUSINESS
Parking
118 Spaces (4.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Kitchen
- Partitioned Offices
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 870 SF
- Office/Medical
- Full Build-Out
- Now
- 1st Fl-Ste 7463
- 660 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 870 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 7463 | 660 SF | Office | - | Now |
1st Floor
| Size |
| 870 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 7463
| Size |
| 660 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
PROPERTY TAXES
| Parcel Number | 50-41-03-37-0010 | Improvements Assessment | $2,865,100 |
| Land Assessment | $1,370,520 | Total Assessment | $4,235,620 |
PROPERTY TAXES
Parcel Number
50-41-03-37-0010
Land Assessment
$1,370,520
Improvements Assessment
$2,865,100
Total Assessment
$4,235,620
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Presented by
Donald Robert Stevens
IMAC Office Center | 7421-7497 NW 4th St
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