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    1799 N University Dr Plantation, FL

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    For Sale
    $6,664,000

    Retail property with long-term tenant and rental increases.

    Property size:
    2,800 SF
    Lot size:
    11.60 Acres

    Property Features for 1799 N University Dr

    General Information

    Size
    2,800 SF
    Lot size
    11.60 Acres

    Source: SRS Real Estate Partners | Fort Lauderdale Agent Patrick Nutt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Plantation Retail Property For Sale

    This retail property features a tenant with over 6 years remaining on their initial lease term. The lease includes 5 options to extend for 5 years each, indicating a commitment to the location. The lease agreement specifies rental increases of 7.50% every 5 years during the initial term and at the start of each option period. The property size is 2,800 square feet and is located at 1799 N University Dr, Plantation, FL.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Plantation
    County
    Broward
    State
    Florida
    Longitude
    -80.2711588
    Latitude
    26.1544576

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    FAQs

    What type of property is this?
    Retail space - Retail property with long-term tenant and rental increases.
    Where is this retail space located?
    The property is located at 1799 N University Dr Plantation, FL.
    What is the asking price?
    The asking price for this property is $6,664,000.
    What are key features of this property?
    This property features: - Tenant has 6+ years remaining on the initial lease.; - Features 5 (5-year) options to extend, providing long-term stability.; - Lease includes 7.50% rental increases every 5 years.
    (954) 703-3600
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    1799 N University Dr Plantation, FL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1799 N University Dr Plantation, FL
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