Laundry Service LLC Acquires Medical Office In Tamarac For $3.8M

The medical office building located at 8333 W McNab Rd in Tamarac, Fla., recently changed ownership in a transaction that amounted to $3,800,000. The property spans approximately 42,481 square feet and offers office space suitable for medical and professional purposes. With City National Bank of Florida providing $2.9 million in acquisition financing, Pamata Inc. sold the asset to Laundry Service LLC.

Summary of transation details:

• Property Type: Medical Office
• Transaction Amount: $3,800,000.00
• Address: 8333 W McNab Rd, Fort Lauderdale, FL
• Market: Tamarac
• Seller's Representative: Michael Rauch()
• Buyer: Laundry Service LLC
• Square Footage: 42,481

The sale of this property was facilitated by CRE Florida Partners, with the advisory team led by Michael Rauch and Tom Robertson. The seller, having owned and operated the building since approximately 2005, saw the property change hands at a 6.9 percent capitalization rate. Built in 1976, the asset boasts on-site parking with 209 available spaces, and its strategic location offers immediate access to major roadways such as the Sawgrass Expressway, I-95, and Florida’s Turnpike, making it an attractive investment in the medical office sector.