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
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.
Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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