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Office Building with Existing Tenancy
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1401 N University Dr, Coral Springs, FL 33071

Office building for sale featuring modern amenities and a reported 78% occupancy rate.

Property Size53,337 SF
Price / SF$137.80
Days on Market761

Property Features for 1401 N University Dr

General Information

Standard status Active
Size 53,337 SF
Class B
Property subtype Office
Occupancy 78%
Net Operating Income $612,712

Building Details

Year Built 1986
Listing Agency: Berger Commercial Realty
Listed By: Calder Alfano · License #SL3608925
Source: Crexi
Added: Aug 8, 2024 Changed: Aug 27 Last Checked: Sep 7 at 1:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berger Commercial Realty

Investment Insights

Based on property information with market context.

For sale is a 53,337 SF office building located in the Coral Springs area. The property is reported to have a 78% occupancy rate and offers modern amenities.

The surrounding area provides access to dining, shopping, and entertainment options, and Coral Square Mall is described as being just minutes away. The property also offers easy access to major roadways and proximity to a commercial hub.

The offering is positioned for office or office building investors with an existing tenant base.

Key Highlights

  • 53,337 SF office building for sale
  • Built in 1986
  • Reported 78% occupancy rate

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Daycare Center Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,901
Businesses Nearby

Demographics for 33071, FL

40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building for sale featuring modern amenities and a reported 78% occupancy rate.
Where is this office building located?
The property is located at 1401 N University Dr Coral Springs, FL.
What is the asking price?
The asking price for this property is $7,350,000.
What are key features of this property?
This property features: 53,337 SF office building for sale; Built in 1986; Reported 78% occupancy rate
(561) 843-9204 Call to check price and availability
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