2600 University DrMiramar, FL 33025

Property Details for 2600 University Dr

Year built

2014

Construction

CONCRETE

Lot size

6.53 AC

Property size (Sq ft)

15,174 SF

Zone code

B2

Property type

Retail properties

Property subtype

Retail space

APN

51-41-28-18-0011

APU

514128180011

Description

This exceptional 22,400-square-foot retail property is ideally situated at 2600 S University Dr #207, Miramar, FL 33025. The property boasts a prime location within a bustling retail corridor on South University Drive, benefiting from high visibility and significant foot traffic. With a B2 zoning classification, this single-tenant space offers unparalleled opportunities for a variety of retail businesses. The building itself comprises a single suite, providing a cohesive and efficient layout. The property's strategic placement between Pembroke Road and the Florida Turnpike ensures easy access for customers and employees alike. South University Drive experiences a substantial daily traffic volume exceeding 51,000 vehicles, guaranteeing maximum exposure for your business. Furthermore, the property is surrounded by a dense residential population, providing a readily available customer base. The APN is 514128180011. This is a rare opportunity to acquire a significant retail space in a high-demand area of Miramar. The property's size, location, and accessibility make it an attractive investment for discerning businesses seeking a prominent presence in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,419,921

  6.5%

  $5,926,081

  7%

  $5,502,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,399,719

  Geo Method

  $16,399,719

• Alternative Use

  Use

  Valuation

  Residential

  $4,998,871

  Hospitality

  $4,578,939

  Educational

  $3,809,624

  Medical

  $3,940,642

  Retail

  $5,926,081

Location Insight

City

Miramar

County

Broward

State

Florida

Latitude

25.9859

Longitude

-80.2483

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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