Updated Dec 4, 2024
Broward County Acquires Medical Office Building In Fort Lauderdale For $18.5M
2000 West Commercial Boulevard
$18,500,000
$138/SF
Building Size
133,295 SF
Asset Type
Medical Office
Closing
Jan 15, 2024
About this deal
AI
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $18,500,000
- Address: 2000 West Commercial Boulevard
- Market: Fort Lauderdale
- Buyer: Broward County
- Seller: Jerry Rozenberg - Allied Health Education
- Size: 133,295 square feet
- Price per Square Foot: $139
The medical office sale at 2000 West Commercial Boulevard in Fort Lauderdale, Florida sold for $18.5M in 2024. The building is 133,295 square feet, implying about 138 per square foot on the published price. Named participants on the 2000 West Commercial Boulevard sale are Jerry Rozenberg. This page is the Fort Lauderdale, Florida file for the 2000 West Commercial Boulevard medical office sold: pricing, party profiles, and other closed medical office comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale medical office set by closing date to see what else sold near 2000 West Commercial Boulevard around 2024. Published consideration for 2000 West Commercial Boulevard is $18.5M, dated 2024. Cite this Broward County Acquires Medical Office Building In Fort Lauderdale For $18.5M sale when underwriting similar medical office product around Fort Lauderdale, Florida.
On the Map
$18,500,000
$138/SF
Medical Office
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Players
Fort Lauderdale Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93