Equipped Hair Salon Retail
3000 N University Drive 3h, Coral Springs, FL 33065
For Sale
$550,000
Fully equipped salon with styling stations, wash sinks, and private treatment rooms for multiple beauty-service uses.
Property Size1,294 SF
Price / SF$425.04
Days on Market179
Property Features for 3000 N University Drive 3h
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Box Real Estate LLC
Listed By:
Jason Chamely · License FL #3180591
(954) 857-1884
Source:
Pamandtoni
Added: May 18
Changed: Nov 9
Last Checked: Nov 10 at 6:43PM
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 Box Real Estate LLC
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Investment Insights
Based on property information with market context.
This fully equipped hair salon is configured with 9 styling stations and 2 professional hair-washing sinks, with room to add a third sink. The layout also includes 2 private treatment rooms suitable for esthetics, massage, facials, or nail services. High-quality plumbing, stone finishes, and mirrors are incorporated throughout the salon, supporting a ready-to-use beauty-service setting with substantial build-out already in place.
The property is located at 3000 N University Drive in Coral Springs, Florida. Its combination of styling stations, wash facilities, and private rooms supports multiple service areas within one retail space. The building was constructed in 1978.
The property is located at 3000 N University Drive in Coral Springs, Florida. Its combination of styling stations, wash facilities, and private rooms supports multiple service areas within one retail space. The building was constructed in 1978.
Key Highlights
- 9 styling stations support multiple stylists
- 2 professional hair‑washing sinks with room to add a third
- 2 private treatment rooms for esthetics, massage, facials, or nail services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,716
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,320
$314.3K
Cap Rate 7%
$224,514
$224.5K
Cap Rate 9%
$174,622
$174.6K
Market Conditions
NOI Build-Up for 1,294 SF
Gross rent
$23.8K $18.36/SF
− Vacancy
−$1.3K −$1.01/SF
EGI
$22.5K $17.35/SF
− OpEx
−$6.7K −$5.21/SF
NOI
$15.7K $12.15/SF
Area
Broward County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,320
Cap Rate 7%
$224,514
Cap Rate 9%
$174,622
Alternative Uses
Best Use
Retail
$224.5K
$196.5K – $261.9K
NOI $15,716 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$656.5K
$574.4K – $765.9K
NOI $45,955 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,184
Businesses Nearby
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Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
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Market
Properties on Market for Retail space in Coral Springs
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Fully equipped salon with styling stations, wash sinks, and private treatment rooms for multiple beauty-service uses.
Where is this retail space located?
The property is located at 3000 N University Drive 3h Coral Springs, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 9 styling stations support multiple stylists; 2 professional hair‑washing sinks with room to add a third; 2 private treatment rooms for esthetics, massage, facials, or nail services
