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Medical Center of Coconut Creek 3880 Coconut Creek Pky 10,644 SF 66% Leased Office Building Coconut Creek, FL 33066 $5,937,336 CAD ($557.81 CAD/SF) 3.31% Cap Rate

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INVESTMENT HIGHLIGHTS

  • In-place rents average $13.95/SF, presenting a nearly 100% mark-to-market opportunity versus prevailing rates of approximately $25/SF NNN
  • Benefits from ±119,500 vehicles per day along Florida’s Turnpike, enhancing visibility and patient accessibility
  • ±3,233 SF turnkey medical facility featuring 9 exam rooms, 5 private offices, 3 restrooms, a nurses’ station, and a break room.

EXECUTIVE SUMMARY

Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,644 SF
Building Class
C
Year Built
1977
Price
$5,937,336 CAD
Price Per SF
$557.81 CAD
Cap Rate
3.31%
NOI
$196,612 CAD
Percent Leased
66%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,644 SF
Building FAR
0.35
Lot Size
0.70 AC
Zoning
B-3, Coconut Creek - General Business
Parking
35 Spaces (3.29 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 4 Element Wellness Llc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Advantage
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Dr. Hawk
  • -
  • -
  • $28.92 CAD
  • Triple Net
  • Jul 2023
  • Independent Medical Group, Llc
  • Public Administration
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • $16.53 CAD
  • Triple Net
  • -

Physician Care Centers is a primary care group that’s been serving the Medicare population for many years. They’re a company that’s all about great health care, making your health & wellness their #1 priority. They have grown locations and providers spanning Florida, Georgia, South Carolina and Texas. At Physician Care Centers they pride themselves on providing more than just primary health care, ultimately guiding their patients to healthy, enjoyable and rewarding lives.

  • Pioneer Clinical Research
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • -
  • Rising Hope Treatment Center
  • Services
  • -
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
4 Element Wellness Llc Health Care and Social Assistance - - - -
Advantage Professional, Scientific, and Technical Services - - - -
Dr. Hawk - - $28.92 CAD Triple Net Jul 2023
Independent Medical Group, Llc Public Administration - - - -
Health Care and Social Assistance - $16.53 CAD Triple Net -
Pioneer Clinical Research Health Care and Social Assistance - - Triple Net -
Rising Hope Treatment Center Services - - Triple Net -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 3,233 SF
  • Office/Medical
  • -
  • 30 Days

Native Realty is pleased to present this beautiful and expansive, turn-key medical office available at 3880 Coconut Creek Parkway. This 3,233 SF space is fully built out and the perfect layout for a wide array of medical users. The space includes 9 exam rooms, 5 private offices, a nurses station, 3 restrooms, and break room. The location is second to none, located in central Broward county, sitting just seconds from the Turnpike. A medical practice operating in this property, one of the only medical plazas in the immediate area, will also benefit from a strong suburban patient base and ample on-site parking, ensuring excellent accessibility for these patients. Positioned on a hard corner with prominent monument signage, the building offers outstanding visibility and branding potential for incoming practices. Don’t miss your chance to secure this rarely available turn-key medical practice in Coconut Creek.

Space Size Space Use Condition Available
1st Fl-Ste 100 3,233 SF Office/Medical - 30 Days

1st Fl-Ste 100

Size
3,233 SF
Space Use
Office/Medical
Condition
-
Available
30 Days

1st Fl-Ste 100

Size 3,233 SF
Space Use Office/Medical
Condition -
Available 30 Days

Native Realty is pleased to present this beautiful and expansive, turn-key medical office available at 3880 Coconut Creek Parkway. This 3,233 SF space is fully built out and the perfect layout for a wide array of medical users. The space includes 9 exam rooms, 5 private offices, a nurses station, 3 restrooms, and break room. The location is second to none, located in central Broward county, sitting just seconds from the Turnpike. A medical practice operating in this property, one of the only medical plazas in the immediate area, will also benefit from a strong suburban patient base and ample on-site parking, ensuring excellent accessibility for these patients. Positioned on a hard corner with prominent monument signage, the building offers outstanding visibility and branding potential for incoming practices. Don’t miss your chance to secure this rarely available turn-key medical practice in Coconut Creek.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-42-32-13-0010
Land Assessment
$859,360 CAD
Improvements Assessment
$1,126,724 CAD
Total Assessment
$1,986,084 CAD
  • Listing ID: 37771404

  • Date on Market: 2025-09-22

  • Last Updated:

  • Address: 3880 Coconut Creek Pky, Coconut Creek, FL 33066

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