Back to Search
Fully Occupied Davie Road Asset

4100 Davie Road Extension Hollywood, FL 33024

4100 Davie Road Extension, Hollywood, FL, 33024
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

Fully leased medical office asset with long-term tenant.

Property Size22,708 SF
Price / SF$330.28
AddedFeb 19
Days on Market146
Last RefreshJun 28 at 6:47 pm

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

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 Marcus & Millichap - The Zylberglait Group


Investment Insights

Based on property information with market context.

Parc Sixty-Four, located at 4100 Davie Road Extension in Davie, Florida, is a fully occupied commercial real estate asset. Constructed in 2010, this property consists of three buildings with a total of 22,708 rentable square feet. The property is 100% leased to a single, long-term tenant, Recovery First Inc. The property generates a Net Operating Income of $485,983. The property is offered at a 6.5% capitalization rate. A recent two-year lease extension and 4% annual rent increases provide stability. The property's location on Davie Road Extension provides visibility and access to the Florida Turnpike. The property's zoning for medical and overnight use provides a competitive advantage, making it a valuable asset for retaining specialized tenants.

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
22,708 SF · lease $33.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.26M
$5.48M – $7.31M (±1% cap)
NOI $438,378 @ 7.0% cap · market cap 5.85%
Second Best
Healthcare Medical
$4.57M
$4.00M – $5.34M (±1% cap)
NOI $320,128 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$8.88M
$7.77M – $10.36M (±1% cap)
NOI $621,836 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Le Plug Protein ... Specialty Food Shop Smile Every Day ... Dental Office Smile Every Day ... Dental Office Capoeira Verdade Arts ... Training Center Weta Fit Studio Gym & Fitness Center

Suggested Use

Dental Office Law Firm Real Estate Agency Kitchen & Bath Showroom Auto Parts Store Electrical Service Furniture & Home Goods Restaurant Storage Facility Home Appliance Store

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

Similar Off Market Nearby

  • Davie Veterinary Center — 5930 SW 64th Ave, Davie, FL 33314
  • DPC Veterinary Hospital — 6991 Stirling Rd, Davie, FL 33314
  • Bennett Lisa DVM — 5930 SW 64th Ave, Davie, FL 33314

FAQs

What type of property is this?
Medical Office Space - Fully leased medical office asset with long-term tenant.
Where is this medical office space located?
The property is located at 4100 Davie Road Extension Hollywood, FL.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message