Mike Hasson Acquires Medical Office Building In Lauderhill For $6.8M With Buyer's Broker Moshe Biton
7200 West Commercial Boulevard
$6,800,000
$205/SF
Building Size
33,178 SF
Asset Type
Medical Office
Closing
Jul 31, 2026
AI
7100 & 7200 West Commercial Boulevard in Lauderhill is a medical office asset with a total square footage of 33,178 and a sale price of $6,800,000. The property spans 2.65 acres, equating to approximately $204 per square foot.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $6,800,000
- Buyer: Mike Hasson
- Seller: Allen Chelminsky
- Buyer's Representative: Moshe Biton - Capital Group Realty
- Square Footage: 33,178
- Price per Square Foot: $204
- Market: Lauderhill
- Date of Sale: 07/31/2026
This transaction exemplifies the importance of personal networks in facilitating real estate deals. With industry relationships and knowledge of both buyers and sellers, opportunities are created that lead to successful transactions.
Lauderhill 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93