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    Leased Medical Office Investment Title is generated by Realmo AI

    3880 Coconut Creek Pkwy, Coconut Creek, FL 33066

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    100% leased medical office property with future upside.

    Type:Office
    Property size:
    10,644 SF
    Price / SF:
    $338/SF
    Added:
    Mar 17, 2026
    Days on Market:
    110
    Last Refresh:
    Mar 20 at 12:05 am

    Property Features for 3880 Coconut Creek Pkwy

    General Information

    Standard status
    Active
    Size
    10,644 SF
    Property subtype
    Office

    Building Details

    Year Built
    1977

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    Dan Ross

    Listing office Native Realty

    Listing date Mar 17, 2026

    Source Crexi

    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 Native Realty

    HighLights

    • 100% Leased: Provides immediate income stream.
    • Medical Office Property: Enjoy a stable tenant base and specialized use.
    • Future Upside: Don't miss the potential for increased value or revenue.
    • 10,644 SqFt: A substantial size suitable for various medical practices.
    • Established in 1977: Demonstrates a history of use.
    • Investment Opportunity: Ideal for investors seeking commercial real estate.

    Overview

    This property is a 100% leased medical office building with 10,644 square feet of space. The property offers potential future upside.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $485.4k $45.60
    − Vacancy −$109.2k −$10.26
    EGI $376.2k $35.34
    − OpEx −$94.0k −$8.84
    NOI $282.1k $26.51
    10,644 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $4.03M
    $3.53M – $4.70M (±1% cap)
    NOI $282,119 @ 7.0% cap · market cap 7.84%
    Second Best
    Healthcare Medical
    $2.00M
    $1.75M – $2.34M (±1% cap)
    NOI $140,245 @ 7.0% cap · market cap 3.90%
    Theoretical Best
    Office A
    $5.40M
    $4.73M – $6.30M (±1% cap)
    NOI $378,011 @ 7.0% cap · market cap 10.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale Store Building Supply Nail Salon Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Saratoga Vet Products — 1911 Banks Rd, Margate, FL 33063
    • Lyons Road Animal Hospital — 1467 Lyons Rd, Coconut Creek, FL 33063
    • Lyons Road Animal Hospital: Melgey Christopher DVM — 1467 lyons rd, coconut creek, fl 33063

    Location Insight

    • Map
    • Local Demand
    City
    Coconut Creek
    County
    Broward
    State
    Florida
    Longitude
    -80.1759597
    Latitude
    26.2445656

    FAQs

    What type of property is this?
    Medical Office Space - 100% leased medical office property with future upside.
    Where is this medical office space located?
    The property is located at 3880 Coconut Creek Pkwy Coconut Creek, FL.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 100% Leased: Provides immediate income stream.; Medical Office Property: Enjoy a stable tenant base and specialized use.; Future Upside: Don't miss the potential for increased value or revenue.
    More about this property
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