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    5251 University Dr Lauderhill, FL 33351

    Sponsored
    For Lease
    $30 SF/Yr

    Prime University Dr. location, 2,854 sq ft.

    Lot size:
    2,854 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail space, located at 5251 N University Dr in Lauderhill, Florida 33351, offers 2,854 square feet in a Class B, multi-tenant building. Boasting a prime location with direct frontage on University Drive, between Commercial Boulevard and Oakland Park Boulevard, this property benefits from high visibility and excellent ingress and egress. The high traffic count of over 55,000 vehicles daily on University Drive ensures significant exposure. Ample parking is available both in front and behind the building. The property is suitable for various uses, including retail, office, or restaurant establishments. This location is supported by strong demographics, with an average household income within a 1-mile radius exceeding $84,033. The area's population density within a 1, 3, and 5-mile radius is also robust. This opportunity allows businesses to join established national retailers such as Chipotle, Jersey Mike's, and Smoothie King, further enhancing the area's appeal and potential for success. The property is a freestanding building, offering excellent visibility and accessibility.

    Property Features for 5251 University Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,854 SF
    Class
    B

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,854 SF
    Rate per SF
    $30

    HighLights

    • 2,854 SF retail space in Lauderhill, FL.
    • Located at 5251 N University Dr, with high visibility and easy access.
    • High traffic count (55,000+ vehicles daily) on University Drive.
    • Ample parking.
    • Suitable for retail, office, or restaurant use.
    • Strong demographics with average household income exceeding $84,033 within 1 mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lauderhill
    County
    Broward
    State
    Florida
    Longitude
    -80.2527343
    Latitude
    26.1903412

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    FAQs

    What type of property is this?
    Retail property - Prime University Dr. location, 2,854 sq ft.
    Where is this retail property located?
    The property is located at 5251 University Dr Lauderhill, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 2,854 SF retail space in Lauderhill, FL.; Located at 5251 N University Dr, with high visibility and easy access.; High traffic count (55,000+ vehicles daily) on University Drive.
    Request Owner's contact information
    5251 University Dr Lauderhill, FL 33351
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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
    5251 University Dr Lauderhill, FL 33351
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