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Private Hospitals

Memorial Hospital Pembroke

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7800 Sheridan Street
Pembroke Pines, FL 33024

County: Broward
Property Type: Health Care
Acute Care Hospital
No. Beds: 301
Building Size: 179,745 SF

Price: $65,000,000
Price/Bed: $215,946.84

Cap Rate: 6.72%
Net Lease Investment: Yes

Property Description

Memorial Hospital Pembroke is a 179,745 square foot hospital that sits on 8.69 Acres. The property is leased through June 30, 2025 with a renewal option for 25 years. The facility is licensed for up to 301 beds. Memorial Hospital Pembroke joined Memorial Healthcare System in 1995. It provides a full scope of essential healthcare services in a compassionate, community setting. The Emergency Department provides medical treatment 24 hours a day and also offers a FastER program for expedited care with select patients. Diagnostic services include CT scans with an advanced, 16-slice CT scanner, MRI, ultrasound, nuclear services and mammography services. Memorial Hospital Pembroke has been serving the community for 25 years. According to Press-Ganey, a nationally recognized company which surveys hospital patient satisfaction, Memorial Hospital Pembroke ranks among the top 10% of all hospitals in the country.

Location Description

The subject property is located at the southeasterly intersection of Sheridan Street and University Drive in Pembroke Pines, Broward County, Florida

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