New 10-Year Medical Office Lease: ClareMedica Health Partners, LLC recently executed a long-term 10-year lease, providing stable, predictable cash flow with 2% annual rent increases.
100% Expense Reimbursements: Tenant pays 100% of operating expenses, including taxes, insurance, CAM, and capital improvement pass-throughs, resulting in no landlord responsibilities.
Established Healthcare Operator: ClareMedica operates as a multi-location primary care and senior health services provider, benefiting from strong demographic demand in Broward County.
Prime Medical Corridor Location: Strategically positioned along N. University Drive within a dense suburban market surrounded by hospitals, outpatient centers, and high-demand residential neighborhoods.
Turnkey Medical Buildout: The ±3,657 SF suite is fully built for medical laboratory use, offering specialized improvements, functional layout, and operating infrastructure.
High Barriers to Entry: The Pembroke Pines submarket has limited availability of modern medical office space, supporting tenant retention and future rent growth.
Long-Term Value Preservation: With growing healthcare demand, an aging population, and limited new medical construction, the asset is positioned for durable performance over the long term.