1816-1860 University Dr Plantation, FL 33322
Plantation Crossroads, located at 1816-1860 N University Dr, Plantation, FL 33322, offers exceptional office space in a vibrant commercial center. This single-story, Class B building boasts a total of 56,547 square feet, currently featuring multiple tenancies within a retail, office, and restaurant setting. Two immediately available suites range from 7,974 to 10,000 square feet, ideal for businesses seeking flexible space. The property enjoys a high-traffic location at the northeast corner of N. University Drive and W. Sunrise Boulevard, directly across from a shopping center anchored by prominent national retailers including Walgreens, Starbucks, Chipotle, and AT&T. This strategic location benefits from a strong demographic profile, with over 447,000 residents within a 5-mile radius and an average household income exceeding $97,000 within a 1-mile radius. Exciting improvements are planned for completion in 2024, encompassing exterior enhancements such as new facades, a refreshed paint scheme, updated landscaping, and improved parking lot striping. The redevelopment also includes new monument signage and the addition of new outparcels available for ground lease or build-to-suit opportunities. This is a unique chance to secure office space in a thriving area undergoing significant revitalization. The property is zoned for traditional and medical office uses.
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.