3801 University DrSunrise, FL 33351

  • Mixed-use properties
  • 58,365 SF
For Lease
$18/SF/YR View listing

Property Details for 3801 University Dr

Year built
1976
Construction
CONCRETE
Lot size
3.41 AC
Property size (Sq ft)
58,365 SF
Zone code
B-3
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
49-41-21-03-0190
APU
494121030190

Description

This exceptional retail property, Springtree Country Club Plaza, located at 3801 North University Drive in Sunrise, Florida (zip code 33351), offers a unique investment opportunity. Built in 1977, this multi-tenant building boasts a total of 58,365 square feet, with abundant parking available for patrons and employees. Currently, there are two suites available, providing flexible space options ranging from a minimum of 1,155 square feet to a maximum contiguous space of 5,426 square feet. A total of 6,581 square feet is currently vacant, presenting a prime opportunity for expansion or new tenancy. The property is ideally suited for a variety of retail uses, including coffee shops, pharmacies, and general street retail, as well as office space. The property's location in Broward County, Florida, provides excellent visibility and accessibility, making it an attractive destination for businesses and customers alike. Lease rates are competitive, ranging from $16.00 to $18.00 per square foot, NNN. This property presents a compelling opportunity for businesses seeking a well-located, versatile retail space in a thriving community. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,516,618
    6.5%
    $19,861,492
    7%
    $18,442,814
  • Comparable approach

    Method
    Valuation
    Relative Method
    $26,725,392
    Geo Method
    $26,725,392
  • Alternative Use

    Use
    Valuation
    Residential
    $19,861,492
    Hospitality
    $18,193,020
    Educational
    $15,136,380
    Medical
    $15,656,943
    Retail
    $23,545,480
3801 University Dr, Sunrise, Florida

Location Insight

City
Sunrise
County
Broward
State
Florida
Latitude
26.1718
Longitude
-80.2567
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$161,720
$2,265,830
$4,345,270
$6,611,100
-
$2,265,830
$4,345,270
$6,611,100

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].