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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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372-378 Powerline Rd
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PRICED AT ONLY: $1,890,000

Address: 372-378 Powerline Rd, Deerfield Beach, FL 33442

Description

Fully stabilized NNN leased medical office asset for sale in Deerfield Beach, Florida. The property is leased to MedVet, a nationally recognized veterinary operator with over 7,500+ referral partners across the U.S. This single tenant lease offers true passive income with no landlord obligations, making it a low maintenance investment suited for 1031 exchange buyers or investors targeting stable, long term yield backed by a national credit tenant. The site offers strong visibility and access, with proximity to I 95, Floridas Turnpike, and major local arterials. Veterinary use represents a high barrier to replace asset class, given the extensive interior build outs typically required ($250$400/SF), enhancing tenant retention and occupancy stability. Financials available upon request.
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  • MLS#: F10497524 ( Commercial/Industrial )
  • Street Address: 372-378 Powerline Rd
  • Viewed: 2
  • Price: $1,890,000
  • Price sqft: $839
  • Waterfront: No
  • Year Built: 1997
  • Bldg sqft: 2252
  • Days On Market: 152
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Features
Building and Construction
  • Maximum Leasable Sqft: 4320
  • Typeof Building: Office Space, Office/Retail, Retail Space
Property Information
  • Transaction Type Mlx: Sale
  • Typeof Property: Commercial
Land Information
  • Lot Sq Footage: 2160
  • Subdivision Number: 20
  • Total Acreage: 0.0496
Finance and Tax Information
  • Net Operating Income: 118524
  • Tax Year: 2024
Other Features
  • Board Identifier: BeachesMLS
  • Country: United States
  • Geographic Area: N Broward Dixie Hwy To Turnpike (3411-3432;3531)
  • Legal Description: WEST DEERFIELD BEACH 42-41 B POR OF LOT 47 & 48 DESC AS:COMM NE COR LOT 33;S 711.25, W 5 TO POB CONT W 80, S 27, E 80, N 27 TO POB AKA: BLDG 7;U
  • Parcel Number: 484203200130
  • Postal Code + 4: 8105
  • Zoning Information: B-1

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin