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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

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.
More about this property
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