Davie Retail Property For
For Sale
Contact for pricing
5360 S University Dr, Davie, FL
25,600 SF retail property in Davie, Florida available.
Property Size25,600 SF
Lot Size2.08 Acres
Price / SF$320.31
Days on Market674
Property Features for 5360 S University Dr
General Information
Standard status
Active
Size
25,600 SF
Lot size
2.08 Acres
Property subtype
RETAIL
Listing Agency:
RCG Commercial Realty
(954) 554-1526
Listed By:
Alex Rich
(954) 554-1526
Source:
Moodyscre
Added: Oct 25, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:59AM
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 RCG Commercial Realty
Investment Insights
Based on property information with market context.
A 25,600 square foot retail property is available for sale in Davie, Florida.
Key Highlights
- 25,600 SF retail property
- Located in Davie, Florida
- Retail property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$285,620
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,712,400
$5.7M
Cap Rate 7%
$4,080,286
$4.1M
Cap Rate 9%
$3,173,556
$3.2M
Market Conditions
NOI Build-Up for 25,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$433.2K $16.92/SF
− Vacancy
−$25.1K −$0.98/SF
EGI
$408.0K $15.94/SF
− OpEx
−$122.4K −$4.78/SF
NOI
$285.6K $11.16/SF
Area
Davie, FL
Vacancy
5.80%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,712,400
Cap Rate 7%
$4,080,286
Cap Rate 9%
$3,173,556
Alternative Uses
Best Use
Retail
$4.08M
$3.57M – $4.76M
NOI $285,620 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.85M
$4.25M – $5.66M
NOI $339,754 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,179
Businesses Nearby
285k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Dining 33%
Home Improvements & Furnishings 17%
Shops & Services 5%
Target
Superstores
127,296 visits/mo
0.4 miles
Chick-fil-A
Dining
52,794 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
49,241 visits/mo
0.4 miles
Pollo Tropical
Dining
10,079 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,944 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - 25,600 SF retail property in Davie, Florida available.
Where is this retail property located?
The property is located at 5360 S University Dr Davie, FL.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 25,600 SF retail property; Located in Davie, Florida; Retail property
