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Office Medical

5900 N Hiatus Rd

5900 N Hiatus Rd, Cooper City, FL 33026

Listing Price: $4,800,000

Cap Rate
5.89%
Gross SF
12,243
Rentable SF
12,015
Price/Gross SF
$392.06
Occupancy
100.0%
Year Built
2005
Lot Size
1.93 acres

Investment Overview

Marcus & Millichap is pleased to exclusively present 5900 North Hiatus Road: a 12,015 square foot multi-tenant medical office and retail building situated on 1.93 acres in Cooper City, Florida. The building is currently 100% occupied by four long-term tenants on triple net (NNN) leases all with annual rent escalations. The subject property offers ample parking with 109 spaces, as well as two points of ingress and egress. Cooper City is an affluent Southwest suburb of Fort Lauderdale. The city offers easy access to multiple major highways and is within 30 minutes of Fort Lauderdale-Hollywood International Airport, Port Everglades, Amtrak, and the Brightline. Cooper City has been recognized as one of the best places to live in Florida and has the fourth-highest median household income in Broward County. Today the city is home to over 36,000 residents and numerous businesses. The town’s location, neighborhoods, and business-friendly environment position Cooper City to be a focal point for continuous commercial and residential development in the years to come.

Investment Highlights

  • 12,015 Square Foot Multi-Tenant Medical Office/Retail Building
  • 100% Occupied by Long-Term Tenants
  • Attractive NNN Leases with Annual Rent Increases
  • Ample Parking with 109 Surface Parking Spaces
  • Population of Over 339,506 Residents Within a 5-Mile Radius

Exclusively Listed By

Financing By

Office Medical

5900 N Hiatus Rd

Listing Price: $4,800,000

Cap Rate
5.89%
Gross SF
12,243
Rentable SF
12,015
Price/Gross SF
$392.06
Occupancy
100.0%
Year Built
2005
Lot Size
1.93 acres

Investment Highlights

  • 12,015 Square Foot Multi-Tenant Medical Office/Retail Building
  • 100% Occupied by Long-Term Tenants
  • Attractive NNN Leases with Annual Rent Increases
  • Ample Parking with 109 Surface Parking Spaces
  • Population of Over 339,506 Residents Within a 5-Mile Radius

Investment Overview

Marcus & Millichap is pleased to exclusively present 5900 North Hiatus Road: a 12,015 square foot multi-tenant medical office and retail building situated on 1.93 acres in Cooper City, Florida. The building is currently 100% occupied by four long-term tenants on triple net (NNN) leases all with annual rent escalations. The subject property offers ample parking with 109 spaces, as well as two points of ingress and egress. Cooper City is an affluent Southwest suburb of Fort Lauderdale. The city offers easy access to multiple major highways and is within 30 minutes of Fort Lauderdale-Hollywood International Airport, Port Everglades, Amtrak, and the Brightline. Cooper City has been recognized as one of the best places to live in Florida and has the fourth-highest median household income in Broward County. Today the city is home to over 36,000 residents and numerous businesses. The town’s location, neighborhoods, and business-friendly environment position Cooper City to be a focal point for continuous commercial and residential development in the years to come.

Exclusively Listed By

Financing By

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