AIDS Healthcare Foundation Acquires Office At 2880 West Cypress Creek Road For $5.25M
2880 West Cypress Creek Road
$5,250,000
$331/SF
Building Size
15,854 SF
Asset Type
Office
Closing
Aug 11, 2025
About this deal
AI
AIDS Healthcare Foundation acquired a 15,854 sf single-story office at 2880 West Cypress Creek Road in Fort Lauderdale for $5.25 million from the Young Family Trust. The property is situated on a 1.98-acre site zoned AIP, reflecting a price of $331 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,250,000
- Address: 2880 West Cypress Creek Road
- Market: Fort Lauderdale
- Acres: 1.98
- Square Footage: 15,854
- Price Per Square Foot: $331
- Buyer: AIDS Healthcare Foundation
- Seller: Young Family Trust
- Buyer's Representative: Ryan Shaw - Marcus & Millichap
- Seller's Representative: Jaime Sturgis - Native Realty
The transaction involved Ryan Shaw representing the buyer through Marcus & Millichap and Jaime Sturgis representing the seller via Native Realty. This deal highlights the collaboration between these brokerage firms in facilitating the successful sale.
On the Map
$5,250,000
$331/SF
Office
View full map
Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Ryan Shaw to view all their deals.
Browse Fort Lauderdale office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93