Lender-Owned | Miramar Medical Office

Highlights:

• ±15,772 SF medical office condo unit consisting of the third floor of a three story, ±45,000 SF building.
• The Subject condo is demised into three spaces and is 86% occupied - two occupied suites and one vacant.
• Over 75% of the asset is leased to a surgery center on a long-term lease that is corporately guaranteed by their parent company, National Surgery Center Holdings, Inc. (a subsidiary of Tenet Healthcare).
• Medical users will benefit from proximity to community hospitals with three miles to Memorial Hospital Miramar and the Joe DiMaggio Children's Center, four miles to Memorial Hospital West, and nine miles to Cleveland Clinic Hospital and Palmetto General Hospital.
• Well located in the heart of Miramar with easy access to I-75, Miramar Parkway, and Florida’s Turnpike.
• Upside potential to lease up remaining 2,145 SF vacancy.

Description:

Colliers | South Florida Investment Services Team, as the exclusive agent, in conjuction with Real Insight Marketplace, are pleased to present for sale 14601 SW 129th Street in Miramar, Florida (the “Property” or “Building”). The Property is a ±15,772 SF medical office condo unit consisting of the full third floor of a three story, ±40,742 SF building. The condo unit is demised into three spaces and is 86% occupied – two of which are leased, and one is currently vacant. Over 75% of the Property is leased to a surgery center on a long-term lease that is corporately guaranteed by their parent company, National Surgery Center Holdings, Inc. (a subsidiary of Tenet Healthcare).

The Property is Well located in the heart of Miramar with easy access to I-75, Miramar Parkway, and Florida’s Turnpike. Medical users will benefit from proximity to community hospitals with three miles to Memorial Hospital Miramar and the Joe DiMaggio Children's Center, four miles to Memorial Hospital West, and nine miles to Cleveland Clinic Hospital and Palmetto General Hospital.

Auctioneer
Lamar P. Fisher
Fisher Auction Company Inc.
License: AU93
Fisher Auction Co: AB106