Medical Office Suite with Exam
000 E Hallandale Beach Boulevard, Hallandale Beach, FL 33009
For Sale
Contact for pricing
Sublease space includes dedicated clinical, physician, reception, and patient waiting areas.
Property Size182,278 SF
Price / SF$0.01
Days on Market26
Property Features for 000 E Hallandale Beach Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Currently Operating
Building Details
Year Built
Listing Agency:
Metro Realty Corp
(772) 340-5780
Listed By:
Marixa Medina · License #3197006
(772) 497-4054
Source:
Stoicestates
Added: Oct 12
Changed: Nov 6
Last Checked: Nov 6 at 2:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro Realty Corp
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Investment Insights
Based on property information with market context.
Available for sublease, this medical office is arranged with three exam rooms, a private physician’s office, a patient waiting area, and a reception desk. Flexible scheduling options are available.
The property is located on East Hallandale Beach Boulevard in Hallandale Beach, Florida. The building dates to 1972.
The property is located on East Hallandale Beach Boulevard in Hallandale Beach, Florida. The building dates to 1972.
Key Highlights
- Three exam rooms
- Private physician’s office
- Patient waiting area and reception desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,401,695
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,033,900
$48.0M
Cap Rate 7%
$34,309,929
$34.3M
Cap Rate 9%
$26,685,500
$26.7M
Market Conditions
NOI Build-Up for 182,278 SF
Gross rent
$4.37M $24.00/SF
− Vacancy
−$371.8K −$2.04/SF
EGI
$4.00M $21.96/SF
− OpEx
−$1.60M −$8.78/SF
NOI
$2.40M $13.18/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$48,033,900
Cap Rate 7%
$34,309,929
Cap Rate 9%
$26,685,500
Alternative Uses
Best Use
Office B
$69.02M
$60.39M – $80.52M
NOI $4,831,278 @ 7.0% cap · market cap 241,563.90%
Second Best
Healthcare Medical
$34.31M
$30.02M – $40.03M
NOI $2,401,695 @ 7.0% cap · market cap 120,084.75%
Theoretical Best
Office A
$92.48M
$80.92M – $107.89M
NOI $6,473,412 @ 7.0% cap · market cap 323,670.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,533
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33009, FL
43,301
Population
31,020
Households
1.4
Avg Household Size
47
Median Age
36%
College-Educated
88%
High-School Grad
4.9 sq mi
ZIP Area
8,837
Density / Sq Mi
$48,196
Median Household Income
$33,928
Median Earnings
$1,576
Median Rent
$248,300
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Broward County, FL
Properties on Market for Medical Office Space in Broward County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Burch & Burch — 901 N Federal Hwy, Hallandale Beach, FL 33009
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- Dr. Joe Barbosa — 904 W Hallandale Beach Blvd, Hallandale Beach, FL 33009
- Neighborhood Veterinary Center — 313 E Hallandale Beach Blvd, Hallandale Beach, FL 33009
- Miami Modern Animal Hospital — 419 NE 2nd Ave, Hallandale Beach, FL 33009
Frequently Asked Questions
What type of property is this?
Medical Office Space - Sublease space includes dedicated clinical, physician, reception, and patient waiting areas.
Where is this medical office space located?
The property is located at 000 E Hallandale Beach Boulevard Hallandale Beach, FL.
What are key features of this property?
This property features: Three exam rooms; Private physician’s office; Patient waiting area and reception desk
