Three-Story Medical Office
For Sale
Contact for pricing
4848 Coconut Creek Parkway, Coconut Creek, FL 33063
Class A medical office building with triple-net leases and customizable shell space.
Property Size31,459 SF
Days on Market145
Property Features for 4848 Coconut Creek Parkway
General Information
Standard status
Active
Size
31,459 SF
Class
Class A
Property subtype
Office
Occupancy
47%
Additional Details
Highway Access
Yes
Building Details
Year Built
2008
Buildings
1
Stories
3
Building Size
31,459 SF
Tenancy
Multi
Listing Agency:
CBRE - Miami
Listed By:
David Wigoda · License #FL 3053813
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:41PM
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 CBRE - Miami
Investment Insights
Based on property information with market context.
Strada Medical Center is a 31,459-square-foot, three-story medical office building completed in 2008. The property is 47% occupied by two specialized practices: 21st Century Oncology and Palm Beach Brain & Spine. The first floor includes a technical oncology buildout with two radiation vaults, while a 1,547-square-foot suite remains vacant. Suite 200 on the second floor is occupied, and the balance of that floor plus the entire third floor are in shell condition for future medical buildouts.
The building is at 4848 Coconut Creek Parkway in Coconut Creek, east of the Florida Turnpike between Palm Beach and Miami. Access to US-441 and Coconut Creek Parkway places the property near restaurants, shopping, and an adjacent Publix-anchored center. The leases are structured as triple net. 21st Century Oncology has approximately 2 years remaining on its lease and is pursuing its first 5-year option, while Palm Beach Brain & Spine is operating under a 10-year lease.
The building is at 4848 Coconut Creek Parkway in Coconut Creek, east of the Florida Turnpike between Palm Beach and Miami. Access to US-441 and Coconut Creek Parkway places the property near restaurants, shopping, and an adjacent Publix-anchored center. The leases are structured as triple net. 21st Century Oncology has approximately 2 years remaining on its lease and is pursuing its first 5-year option, while Palm Beach Brain & Spine is operating under a 10-year lease.
Key Highlights
- 31,459 SF, three‑story medical office building completed in 2008
- 47% occupied by 21st Century Oncology and Palm Beach Brain & Spine
- First‑floor oncology buildout includes two radiation vaults
Property Analytics
Current Use
Lease Details
47%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33063, FL
56,296
Population
27,019
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,865
Density / Sq Mi
$62,930
Median Household Income
$38,038
Median Earnings
$1,790
Median Rent
$270,100
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical office building with triple-net leases and customizable shell space.
Where is this medical office space located?
The property is located at 4848 Coconut Creek Parkway Coconut Creek, FL.
What are key features of this property?
This property features: 31,459 SF, three‑story medical office building completed in 2008; 47% occupied by 21st Century Oncology and Palm Beach Brain & Spine; First‑floor oncology buildout includes two radiation vaults
