INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Plantation Surgery Center in Plantation, FL, just 8 miles west of Fort Lauderdale. The tenant, City Surgery Center, will execute a 10-year, absolute triple net (NNN) sale leaseback at closing with 1.5% annual rent escalations. The property is located in a dense medical care corridor with over 1 million square feet of medical offices and care facilities within 1 mile, including a 250 bed hospital.
- Plantation Surgery Center in Plantation, FL | Prime Southeast Florida Location
- Long-Term Sale Leaseback Opportunity | City Surgery Center Will Sign a 10-Year Absolute NNN (Triple Net) Lease At Close of Escrow
- Structured Hedge Against Inflation | 1.5% Annual Rent Escalations
- Close Proximity to Hospital | HCA Florida Westside Hospital With 250 Beds Is Under 1 Mile Away
- Highly Insulated Tenant | Ambulatory Surgery Centers Cost Over $600/SF to Build
- Well Designed Layout With Renovated Facilities | Center Contains 2 Operating Rooms, a 6-Bed Recovery Area, Waiting Room, Consult-Rooms, and Admin Offices With Covered and Uncovered Parking
- Dense Medical Care Corridor | Over 1 Million Square Feet of Medical Offices, Hospitals, and Care Facilities in 1 Mile Radius
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Plantation Surgery Center | $11,500,000 | 6.00% | NNN | 15,052 | Available |
