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200 East Sunrise Boulevard

Updated Dec 16, 2025

Holy Cross Hospital Acquires Retail Land From Holman Automotive In Fort Lauderdale For $13M
SOLDRetail

Holy Cross Hospital Acquires Retail Land From Holman Automotive In Fort Lauderdale For $13M

200 East Sunrise Boulevard

$13,000,000

$3,292/SF

Building Size

3,948 SF

Asset Type

Retail

Closing

Dec 4, 2025

About this deal

AI

The retail land sale at 200 East Sunrise Boulevard in Fort Lauderdale has been completed for a transaction amount of $13,000,000. The parcel size is 90,169 square feet, translating to a price per square foot land price of $144.17. This 2.07-acre property was previously home to a car dealership and is currently leased to the Christmas Palace, which is set to relocate in February 2026.

Summary of transaction details:

  • Property Type: Retail Land Sale
  • Transaction Amount: $13,000,000
  • Buyer: Holy Cross Hospital
  • Seller: Holman Automotive
  • Broker: R. Stephen Hyatt - Berger Commercial Realty
  • Broker: Miles Glasscock & Greg Gerber - JLL
  • Square Footage: 90,169
  • Price per Square Foot: $144.17

The buyer, Holy Cross Hospital, Inc., has plans to demolish the existing structure on the site. They aim to develop a two-story, 41,792-square-foot free-standing emergency room that will include diagnostic imaging services and an outpatient clinic, which is intended to enhance healthcare access in a rapidly growing area of Fort Lauderdale.

Players

R. Stephen Hyatt

Berger Commercial Realty

Broker

$111.9M

vol

19 deals

Broker
JLL
JLLBrokerage

Fort Lauderdale Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $3.3K per square foot on a published $13M for 3,948 square feet (2025).

Visit R. Stephen (Steve) Hyatt to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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