For Sale
$30

2698 University DrSunrise, FL 33322

High-traffic retail building, excellent location.

Overview

Added:
Feb 3
Days on market:
60
This exceptional free-standing retail building, located at 2698 N University Drive in Sunrise, Florida, presents a compelling investment opportunity. The property boasts 4,131 square feet of retail space and enjoys a prime location surrounded by major national retailers such as Home Depot, Lowe's, and Pet Supermarket, ensuring high visibility and foot traffic. University Drive, where the building is prominently situated, sees a remarkable 55,500 vehicles daily, providing unparalleled exposure to potential customers. The strong demographics of the area are further underscored by a population exceeding 200,000 residents within a 3-mile radius, guaranteeing a substantial customer base. Recent improvements to the property include a brand new roof, fresh exterior paint, and updated landscaping, ensuring the building is in excellent condition and ready for immediate occupancy. The property is offered at a price of $30 million, with a base rent of $32.00 per square foot and additional net operating expenses (NNN) of $10.19 per square foot. This presents a rare chance to acquire a well-maintained, high-traffic retail property in a thriving commercial area with significant growth potential. The combination of strong location, recent renovations, and favorable lease terms makes this an attractive investment for discerning buyers seeking a stable and profitable retail asset. The property is situated on a 0-acre lot.

Property Details for 2698 University Dr

Property type
Retail properties

Location Insight

City
Sunrise
County
Broward
State
Florida
Latitude
26.1583
Longitude
-80.25678
2698 University Dr, Sunrise, Florida

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2698 University Dr
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