3880 Coconut Creek Pkwy

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3880 Coconut Creek Pkwy

Coconut Creek, FL 33066
Asking Price
$3.50M
Asset Type
Office
Class
Class B

What's Special

3880 Coconut Creek Parkway is located within a prominent commercial corridor in Coconut Creek, Florida. The surrounding neighborhood is characterized by a mix of established professional centers, residential communities, and retail hubs. The property offers proximity to the Promenade at Coconut Creek, providing tenants with access to numerous dining and shopping options. Transportation access is supported by the site’s location near major regional thoroughfares, including the Florida Turnpike and Interstate 95, facilitating commutes from across Broward County. This office asset is suited for professional services, administrative operations, or satellite corporate offices. The building’s layout and location cater to a typical tenant profile of legal practices, financial firms, insurance agencies, and healthcare administration providers. Its position within a suburban office market makes it a functional choice for businesses seeking a central location with nearby amenities for employees and clients.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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