Hillsboro Medical Office
For saleUnder contract3467 W Hillsboro Blvd, Deerfield Beach, FL 33442
Property type
Office
Unit / Space count
1
Price
$2,800,000
Building size
6,205 sf
Rentable area
6,205 SF
Year built
1979
Year renovated
Property class
B
Occupancy
Zoning code
Lot size
0.22 Acres
Price per Unit
$2,800,000
Price per SF
$451.25
Property description
Franklin Street is pleased to present the Hillsboro Medical Office, a ±6,205 square foot medical office building located at 3467 W Hillsboro Boulevard, Deerfield Beach, Florida. The property benefits from strong visibility and access along a major east west corridor with approximately 43,000 vehicles per day and is positioned within a well established medical and residential trade area. The offering includes ±2,600 square feet of in place medical occupancy, with the existing tenant having successfully operated from the location for over 20 years, providing immediate income and stability. The remaining ±3,605 square feet will be delivered vacant, creating an attractive opportunity for an owner user to occupy the space or for an investor to lease the suite at market medical rents. Surrounding medical demand, favorable demographics, and limited small medical office inventory in the area support long term leasing fundamentals. The building’s functional layout and flexible suite configuration allow for a range of medical or professional office uses. Well located in a desirable Broward County submarket, Hillsboro Medical Office offers a balanced combination of current income, near term upside, and long term durability for both investors and owner users.
Property highlights
- Prime Hillsboro Boulevard Location
- Frontage along W Hillsboro Boulevard with approximately 43,000 vehicles per day
- High visibility along a major east west corridor
- Dense surrounding residential and medical uses
- Medical Office Asset
- Purpose built medical office building
- Functional layout with flexible suite sizes
- Limited small medical office supply in the area
- In Place Income
- ±2,600 square feet of in place medical occupancy
- Tenant has operated at the location for over 20 years
- Provides immediate cash flow
- Owner User and Leasing Upside
- ±3,605 square feet delivered vacant
- Suitable for owner user or investor
- Ability to lease at market medical rents
- Strong Broward County Submarket
- Desirable Deerfield Beach location
- Favorable demographics and healthcare demand
- Long term market stability