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2698 University Dr Sunrise, FL 33322

For Sale
Contact for pricing

High-traffic retail building, excellent location.

Description

Added:
Feb 3, 2025
Days on Market:
315
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 Features for 2698 University Dr

General Information

Property type
Retail properties

Insight Report Location Intelligence

Current Use by Public Records

Big Wheel Cycles Bicycle Shop

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sunrise
County
Broward
State
Florida
Longitude
-80.25678
Latitude
26.1583

FAQs

What type of property is this?
Retail property - High-traffic retail building, excellent location.
Where is this retail property located?
The property is located at 2698 University Dr Sunrise, FL.
What is the asking price?
The asking price for this property is $30.
More about this property
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