$7,315,000
$7,450,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
4101 S Hospital Dr Plantation, FL 33317
66,429 SqFt
Key Details
Sold Price $7,315,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 66,429 sqft
Price per Sqft $110
MLS Listing ID A10751284
Sold Date 07/09/20
HOA Y/N No
Year Built 1974
Annual Tax Amount $59,733
Contingent 3rd Party Approval
Lot Size 1.390 Acres
Property Sub-Type Office
Property Description
The physical building consists of 91,000 total square feet including the 100+ car parking garage, 66,429 is the adjusted gross square footage with 38,272 sf of leasable space. This stunning building boasts marble entryway, gorgeous hallways and common area, ample parking with over 100 parking spaces, updated elevators, and much more. There are currently 12 tenants occupying 17 suites. All tenants have expensive medical build-outs suited to their uses and in excellent overall condition. The property is currently grossing $71,221.58 per month $892,246.68 annually. Including full management fees, all expenses are $251,635.65 per year providing a net operating income of $605, 817 - 8.36% CAP at the full asking price.
Location
State FL
County Broward County
Area 3680
Exterior
Private Pool Yes
Others
Tax ID 504101350010
Financing Conventional
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