15,052 SF Medical For Sale — $14,000,000 — 201 N Pine Island Rd, Plantation – #82113

Executive Summary
Absolute Triple Net Lease Structure that Allows for Passive Ownership
New 10-Year Lease Executed in May 2025
Features One Ten-Year Option to Renew
Beneficial Rental Increase Schedule Provides Cash Flow Growth and Appreciation
3% Annual Increases Throughout Base Term and Option Period
Established Practice with Strong Guarantor Financial Performance
Multiple Company Guarantee Structure Nearly $25MM Net Income Securing Lease
Location is Responsible for Nearly Half of Total Revenue of Company Across Eight Locations
Exceptionally Low Rent/Revenue for Individual Location at 3.9% for FY-2025
Ample Physician Count with Multiple Specialties
Five Surgeons Offering Services in Neurology, Orthopedics, and Spine
Immediate Area Features Consistent Population Growth and Strong Economic Demos
387,000+ People within 5-Mile Radius Average Household Income of $113,000+ within 1 Mile Radius
Significant Cap Ex Taking Place of $130,000+
New Roof, Paint and Stucco of Exterior Parking Overlay, Seal and Stripe
Major Medical and Commerce Sector of Broward County
Baptist Health Wellness & Medical Complex: This 112,000 SF, Four-Story Facility is Baptist Health’s Largest in Broward County
Houses an Urgent Care Center and Specialized Care for Cardiology, Orthopedics, and Cancer
HCA Florida Westside Hospital: A major full-service, 250-bed hospital providing a wide range of emergency, surgical, and specialized medical services
UHealth Plantation (University of Miami Health System): Brings top-tier Miami-based specialists to central Broward. It is home to the Bascom Palmer Eye Institute (the nation's top-ranked eye hospital) and the Sylvester Comprehensive Cancer Center

Allowed by right

Animal grooming (std: 27-105 (e)(2)) [Sec. 27-100], Veterinary hospital/clinic (std: 27-105 (e)(1)) [Sec. 27-100], Business service center/postal center (std: 27-105 (f)(1)) [Sec. 27-100], Employment agency (std: 27-105 (f)(2)) [Sec. 27-100], Office supply store (std: 27-105 (f)(3)) [Sec. 27-100], Travel agency [Sec. 27-100], Amusement Arcade (std: 27-105 (g)(1) 27-105 (g)(3)) [Sec. 27-100], Auditorium or theater [Sec. 27-100], Gymnasium (std: 27-105 (g)(4)) [Sec. 27-100], Miniature golf course [Sec. 27-100], Movie theater [Sec. 27-100], Bar/lounge (std: 27-105 (k)(7)(10)) [Sec. 27-100], Brewery - micro (std: 27-105 (k)(5)(10)) [Sec. 27-100], Bakery, retail (std: 27-105 (k)(11)) [Sec. 27-100], Cigar bar/hookah lounge (std: 27-105 (k)(8)) [Sec. 27-100], Ice cream shop - retail (std: 27-105 (k)(11)) [Sec. 27-100], Restaurant - fast food (std: 27-105 (k)(2)(10)) [Sec. 27-100], Restaurant - dine in (std: 27-105 (k)(4)(10)) [Sec. 27-100], Restaurant - take out (std: 27-105 (k)(3)) [Sec. 27-100], Restaurant bar (std: 27-105 (k)(5)(10)) [Sec. 27-100], Restaurant entertainment (std: 27-105 (k)(6)) [Sec. 27-100], Oil/quick Lube services (std: 27-105 (s)(9)) [Sec. 27-100], General or professional office (std: 27-105 (t)(1)) [Sec. 27-100], Office support - high density occupation area [Sec. 27-100], Bank and financial institution (std: 27-105 (w)(1)) [Sec. 27-100], Dry cleaning or laundry drop-off establishment (std: 27-105 (u)(2) 27-105 (w)(1)) [Sec. 27-100], Optical stores (std: 27-105 (w)(1)) [Sec. 27-100], Personal and household goods repair establishment (std: 27-105 (w)(1)) [Sec. 27-100], Tailoring/alterations/ shoe repair (std: 27-105 (w)(1)) [Sec. 27-100], Antique store [Sec. 27-100], Art gallery [Sec. 27-100], Auto tag agency [Sec. 27-100], Bicycle Shop [Sec. 27-100], Book or media shop (std: 27-105 (w)(1)) [Sec. 27-100], Clothing store [Sec. 27-100], Resale boutique/Consignment (std: 27-105 (v)(14)) [Sec. 27-100], Department store [Sec. 27-100], Detective agency [Sec. 27-100], Florist (std: 27-105 (w)(1)) [Sec. 27-100], Furniture store/mattress (Retail) (std: 27-105 (v)(15)) [Sec. 27-100], Specialty market (meat, bakery, etc.) (std: 27-105 (v)(4)) [Sec. 27-100], Fitness center/health club (2,500 sq. Ft or less) (std: 27-105 (g)(5) 27-105 (w)(1)) [Sec. 27-100], Grocery store (std: 27-105 (v)(15)) [Sec. 27-100], Hardware Store (std: 27-105 (v)(6)) [Sec. 27-100], Drug store or pharmacy (std: 27-105 (w)(1) 27-105 (v)(17)) [Sec. 27-100], Health and beauty aids [Sec. 27-100], Jewelry Store [Sec. 27-100], Office equipment sales and service, retail (std: 27-105 (w)(1)) [Sec. 27-100], Photography studio (std: 27-105 (w)(1) 27-105 (v)(9)) [Sec. 27-100], Pool supply Store (std: 27-105 (v)(10)) [Sec. 27-100], Indoor mall [Sec. 27-100], Small electronics (std: 27-105 (w)(1)) [Sec. 27-100], Other retail sales establishment [Sec. 27-100], Smoke shop (std: 27-105 (v)(13)) [Sec. 27-100], Hotel or motel (std: 27-105 (z)(1)) [Sec. 27-100], Library [Sec. 27-100], Museum [Sec. 27-100], Day nursery (std: 27-105 (j)(3)) [Sec. 27-100], Business school (std: 27-105 (L)(3)) [Sec. 27-100], Educational tutoring [Sec. 27-100], Specialty school (2,000 Sq. ft. or less) (std: 27-105 (L)(1)) [Sec. 27-100], Vocational or trade school (std: 27-105 (L)(2)) [Sec. 27-100], Driving school (std: 27-105 (L)(4)) [Sec. 27-100], Modeling schools (std: 27-105 (L)(5)) [Sec. 27-100], Traffic schools (std: 27-105 (L)(6)) [Sec. 27-100], Medical or Dental office [Sec. 27-100], Mental healthcare facility (std: 27-105 (o)(2)) [Sec. 27-100], Urgent care facility (std: 27-105 (o)(1)) [Sec. 27-100], Outpatient surgical center/ambulatory care facility (std: 27-105 (o)(1)) [Sec. 27-100], Civic Associations [Sec. 27-100], Lodge or club (private) (std: 27-105 (q)(1)) [Sec. 27-100], Repair of consumer electronics [Sec. 27-100], Residences, single-family or duplex (std: 27-105 (dd)(1)) [Sec. 27-100], Residences, multi-family (std: 27-105 (dd)(2)) [Sec. 27-100], Houses of worship and related facilities (Sunday school, rectory, parish house) in a dedicated building/campus on land owned by the same institution [M-PM additional permitted uses, Sec. 27-86 M-PM (6)c.1], Police and public safety facilities [M-PM additional permitted uses, Sec. 27-86 M-PM (6)c.2]

With special approval

Pet shop (std: 27-105 (e)(4)) [Sec. 27-100], Amusement Enterprise (indoor) (std: 27-105 (g)(2) 27-105 (g)(3)) [Sec. 27-100], Bowling alley (std: 27-105 (g)(3)) [Sec. 27-100], Recreation (Commercial and indoor) [Sec. 27-100], Skating rink [Sec. 27-100], Banquet hall (std: 27-105 (k)(1)) [Sec. 27-100], Caterers (std: 27-105 (k)(9)) [Sec. 27-100], Car wash/detailing (attendant) (std: 27-105 (s)(6)) [Sec. 27-100], Gasoline filling station (std: 27-105 (s)(10)) [Sec. 27-100], New automobile and light truck sales with indoor display only (std: 27-105 (s)(1)) [Sec. 27-100], Tire sales and mounting (std: 27-105 (s)(4)) [Sec. 27-100], Government Administrative Office [Sec. 27-100], Beauty parlor/barber (std: 27-105 (u)(1)) [Sec. 27-100], Laundromat (std: 27-105 (u)(4)) [Sec. 27-100], Massage establishment (std: 27-105 (u)(5)) [Sec. 27-100], Art, music, dance studio (std: 27-105 (v)(1)) [Sec. 27-100], Convenience store (std: 27-105 (v)(3)) [Sec. 27-100], Garden supplies (std: 27-105 (v)(5)) [Sec. 27-100], Fitness center/health club (over 2,500 sq. Ft.) (std: 27-105 (g)(5) 27-105 (w)(1)) [Sec. 27-100], Gun shop (std: 27-105 (v)(16)) [Sec. 27-100], Home and Building supply Store [Sec. 27-100], Liquor or package store (std: 27-105 (v)(8)) [Sec. 27-100], Adult day care center (std: 27-105 (j)(2) 27-105 (w)(1)) [Sec. 27-100], Child day care center (std: 27-105 (j)(1) 27-105 (w)(1)) [Sec. 27-100], Specialty School (over 2,000 sq. ft.) (std: 27-105 (L)(1)) [Sec. 27-100], Courthouse facility [Sec. 27-100], Federal and state Bldgs. [Sec. 27-100], Post office [Sec. 27-100], General hospital (std: 27-105 (o)(6)) [Sec. 27-100], Medical or dental lab (std: 27-105 (o)(4)) [Sec. 27-100], Nursing home/Assisted living (no individual kitchens) (std: 27-105 (o)(5)) [Sec. 27-100], House of worship (std: 27-105 (q)(2)) [Sec. 27-100], Helistop (std: 27-105 (x)(1)) [Sec. 27-100], Drive-through lanes not associated with a food-service establishment [M-PM additional uses, Sec. 27-86 M-PM (6)c.3]