Coconut Creek Medical Center

Highlights:

• Significant Rental Upside: In-place rents average $13.95/SF, presenting a nearly 100% mark-to-market opportunity versus prevailing rates of approximately $25/SF NNN along Coconut Creek Parkway.
• Fully Built-Out Medical Office: ±3,233 SF turnkey medical facility featuring 9 exam rooms, 5 private offices, 3 restrooms, a nurses’ station, and a break room—ideal for immediate occupancy by owner-users or medical operators.
• Medical-Ready Configuration: Purpose-built layout suited for a wide range of specialties, including Urgent Care, Family Medicine, Pediatrics, OB/GYN, Dermatology, Aesthetics, and Orthopedics.
• Prime Hard-Corner Location: Positioned at a signalized intersection with prominent monument signage and direct access to Broward College – North Campus. Located seconds from the Florida Turnpike, offering exceptional connectivity.
• Rapidly Developing Trade Area: Located within a high-growth corridor, bolstered by recent nearby developments including Sprouts Farmers Market and Cali Coffee (both completed in 2025), less than one mile from the property.
• Dense Surrounding Demographics: Situated in a suburban market with strong population density and established demand for healthcare services, supporting long-term tenant stability and rent growth.
• Strong Traffic Exposure: Benefits from ±119,500 vehicles per day along Florida’s Turnpike, enhancing visibility and patient accessibility.

Description:

Matthews is pleased to present the Coconut Creek Medical Center, a ±3,233-square-foot, fully built-out medical office ideally positioned at 3880 Coconut Creek Parkway in the heart of Broward County, Florida. This high-quality healthcare facility features nine exam rooms, five private offices, three restrooms, a nurse’s station, and a break room—offering immediate, turn-key functionality for an owner-user or medical operator. The layout is well-suited for a range of specialties including urgent care, family practice, pediatrics, OB/GYN, dermatology, aesthetics, orthopedics, and pain management. Situated in a supply-constrained medical office market, this asset presents a rare opportunity to occupy or reposition a purpose-built facility.

North Campus and mere seconds from the Florida Turnpike, offering unmatched accessibility and patient draw. The surrounding area is characterized by strong suburban demographics and ongoing development, including the recent additions of Sprouts Farmers Market and Cali Coffee—both built in 2025 and located less than one mile from the site. This positions the property within a high-growth, high-demand corridor ideal for healthcare services.

Currently leased at an average of just $13.95/SF, the property’s in-place rents are significantly below the market average of $25/SF NNN for comparable space along Coconut Creek Parkway, offering nearly 100% upside potential as leases roll. This rare combination of below-market rents, prime location, and medical-ready infrastructure makes 3880 Coconut Creek Parkway a compelling investment or owner-user opportunity in one of South Florida’s most dynamic healthcare submarkets.

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