1904 University Dr Davie, FL 33324
This exceptional retail opportunity presents 4,415 square feet of vacant space within the highly successful Tower Shops shopping center in Davie, Florida. Located at the southeast intersection of South University Drive and I-595, this property benefits from unparalleled visibility and accessibility. The center boasts a total of 431,000 square feet and features a robust tenant mix including major anchors such as Trader Joe's, Ross, TJ Maxx, DSW, Michaels, Old Navy, Office Depot, and Best Buy. Costco and Home Depot provide additional significant draw to the area, creating a powerful shadow-anchored environment. The property sits on a substantial 67-acre lot and offers ample parking with 2,560 spaces to accommodate customers. The building underwent renovations in 2012, ensuring modern amenities and a well-maintained environment. This space is ideal for a variety of retail uses and presents a unique chance to establish a presence in a thriving retail destination within the Miami metro area of Broward County. The minimum divisible space is 4,415 square feet, and the maximum contiguous space available is also 4,415 square feet. This is a single suite within the larger shopping center. Don't miss this opportunity to join a successful and established retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.