1300 University Dr Pembroke Pines, FL 33024

This exceptional commercial property, located at 1300 N University Dr in Pembroke Pines, Florida (33024), presents a unique investment opportunity. Situated on a high-traffic corner lot at the intersection of University Drive and 13th Street, this property boasts impressive daily vehicle counts exceeding 55,000. The 1972-built structure features three individual units, each equipped with its own water and electric meters. Currently, one unit is leased to a smoke shop, with the lease expiring in January 2025. The remaining two units were previously combined to operate a restaurant, though the business is currently inactive due to outstanding code violations which the owner is actively addressing. The property's strategic location offers significant potential for a variety of retail uses, benefiting from its proximity to established businesses such as Denny's, Popeyes, and McDonald's. The asking price for this retail and special purpose property is $2,850,000. This presents a compelling opportunity for investors seeking a high-visibility location with significant redevelopment potential or immediate income generation upon resolution of the existing restaurant's issues. The property's strong location and multiple unit configuration offer flexibility and potential for significant return on investment.