4100 Davie Road Extension Hollywood, FL 33024
Fully leased medical office asset with long-term tenant.
Property Features for 4100 Davie Road Extension
General Information
- Standard status
- Active
- Size
- 22,708 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing office Marcus & Millichap - The Zylberglait Group
Listing date Feb 19, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- 100% leased to Recovery First Inc., a single, long‑term tenant
- Generates a current Net Operating Income of $485,983 at a 6.5% capitalization rate.
- Recent two‑year lease extension with 4% annual rent increases.
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 | $749.4k | $33.00 |
| − Vacancy | −$164.9k | −$7.26 |
| EGI | $584.5k | $25.74 |
| − OpEx | −$146.1k | −$6.44 |
| NOI | $438.4k | $19.31 |
Alternative Uses
Property Analytics
Current Use by Public Records
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Similar Off Market Nearby
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- Bennett Lisa DVM — 5930 SW 64th Ave, Davie, FL 33314