8901 Atlantic BlvdCoral Springs, FL 33071

  • Retail properties
  • 6,994 SF
For Lease
$39/SF/YR View listing

Property Details for 8901 Atlantic Blvd

Year built
1988
Construction
CONCRETE
Lot size
0.78 AC
Property size (Sq ft)
6,994 SF
Zone code
B-3
Property type
Retail properties
Property subtype
Banks
APN
48-41-27-03-6256
APU
484127036256

Description

This 7,300 square foot, two-story medical office building in Coral Springs, Florida, presents a unique sublease opportunity extending until December 21, 2028. Located at 8901 W Atlantic Blvd, 33071, in Broward County, this single-tenant property boasts a secure entry lobby for enhanced safety and privacy. The first floor offers a versatile layout including a spacious open front area, ideal for reception or patient waiting, four glass-walled private offices, a substantial teller area, and a dedicated safety deposit area, perfect for a financial or medical practice. Upstairs, the second floor provides ample space with men's and women's restrooms, a large open workspace suitable for various uses, four additional private offices, a sizable training room for staff development or client presentations, and a convenient break room for employee comfort. Beyond the base rent, common area maintenance (CAM) charges are $1.94 per square foot, and real estate taxes are $9.55 per square foot. This property is classified as Retail and Office, specifically a Medical Office, making it an excellent investment opportunity for a variety of healthcare providers seeking a well-appointed and established space in a thriving Coral Springs location. The property's strategic location and functional design make it an attractive option for businesses seeking a comfortable and efficient workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,056,629
    6.5%
    $2,821,504
    7%
    $2,619,968
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,206,742
    Geo Method
    $5,206,742
  • Alternative Use

    Use
    Valuation
    Residential
    $2,380,044
    Hospitality
    $2,180,108
    Educational
    $1,813,824
    Medical
    $1,876,204
    Retail
    $2,821,504
8901 Atlantic Blvd, Coral Springs, Florida

Location Insight

City
Coral Springs
County
Broward
State
Florida
Latitude
26.2379
Longitude
-80.2454
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$72,586
$849,130
$2,569,970
$3,419,100
-
$849,130
$2,569,970
$3,419,100

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