201 Pine Island RdPlantation, FL 33324

This exceptional Class A medical office building, totaling 15,052 square feet, is offered at $10,000,000, representing a compelling 8.00% cap rate. Located at 201 N Pine Island Rd, Plantation, FL 33324, this single-tenant, absolute NNN investment boasts a 100% occupancy rate with a strong, creditworthy tenant operating a successful ambulatory surgical center. The property, built in 2005 and extensively renovated in 2021, features two operating rooms, a six-bed recovery area, and a newly constructed MedSpa. Situated on a 0.92-acre lot, less than a mile from HCA Hospital, this property benefits from a prime location within a dense medical corridor exceeding 1 million square feet of medical facilities within a one-mile radius. The lease includes a 10-year term at closing, with attractive 2.5% annual rent escalations, providing a hedge against inflation. The tenant's significant build-out costs exceeding $600 per square foot further enhance the investment's security. Average household incomes within a five-mile radius surpass $95,000, underscoring the property's strong demographic appeal. This is a rare opportunity to acquire a high-performing, long-term, net-leased medical office building in a thriving South Florida market. The building's well-designed layout and recent renovations ensure a modern and efficient operational environment.