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Single-Tenant Office Medical

2919 E Commercial Blvd

2919 E Commercial Blvd, Fort Lauderdale, FL 33308

Listing Price: $4,400,000

Cap Rate
4.40%
Tenant Name
Williams Cancer Institute
Years Remaining On Lease
4.0
Gross SF
6,082
Guarantor
Personal Guarantee
Rentable SF
6,082
Price/Gross SF
$723.45
Lease Type
Absolute Net
Rent Per Square Feet
$31.81

Investment Overview

Marcus & Millichap is pleased to exclusively present a single tenant medical office opportunity, located on East Commercial Boulevard and a within a mile of Lauderdale by the Sea. The building consists of two floors, totaling 6,200 square feet and was recently renovated in 2020. The building is occupied by the Williams Cancer Institute, on an absolute net basis. This offering provides an investor with passive income from an extremely credible tenant. The Williams Cancer Institute is a private organization that maintains presence in multiple countries across the globe. They strictly focus on cancer fighting solutions such as immunotherapy, led by a well known doctor who has collected an abundance of medical accolades and is considered one of pioneers of the type of practice.

Investment Highlights

  • Completed renovated medical office building occupied by Williams Cancer Institute
  • Absolute Net lease with four percent annual increases
  • Located in the extremely dense market of East Fort Lauderdale
  • Williams Cancer Institute showing long commitment to the site with a $500,000 MRI system put in place

Exclusively Listed By

Financing By

Single-Tenant Office Medical

2919 E Commercial Blvd

Listing Price: $4,400,000

Cap Rate
4.40%
Tenant Name
Williams Cancer Institute
Years Remaining On Lease
4.0
Gross SF
6,082
Guarantor
Personal Guarantee
Rentable SF
6,082
Price/Gross SF
$723.45
Lease Type
Absolute Net
Rent Per Square Feet
$31.81

Investment Highlights

  • Completed renovated medical office building occupied by Williams Cancer Institute
  • Absolute Net lease with four percent annual increases
  • Located in the extremely dense market of East Fort Lauderdale
  • Williams Cancer Institute showing long commitment to the site with a $500,000 MRI system put in place

Investment Overview

Marcus & Millichap is pleased to exclusively present a single tenant medical office opportunity, located on East Commercial Boulevard and a within a mile of Lauderdale by the Sea. The building consists of two floors, totaling 6,200 square feet and was recently renovated in 2020. The building is occupied by the Williams Cancer Institute, on an absolute net basis. This offering provides an investor with passive income from an extremely credible tenant. The Williams Cancer Institute is a private organization that maintains presence in multiple countries across the globe. They strictly focus on cancer fighting solutions such as immunotherapy, led by a well known doctor who has collected an abundance of medical accolades and is considered one of pioneers of the type of practice.

Exclusively Listed By

Financing By

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