4640 University Dr Davie, FL 33328
- Commercial land
- 0.62 lot acres
Current Use by Public Records
- Commercial land
Property Details for 4640 University Dr
- Lot size
- 0.62 lot acres
- Zone code
- GRIFFIN CORRIDOR DISTRICT
- Property type
- Commercial land
- APN
- 50-41-28-39-0010
- APU
- 504128390010
Description
This exceptional 10,889 square foot executive office building, constructed in 2017, is strategically located in Davie, Florida, offering unparalleled access to major transportation arteries including Fort Lauderdale-Hollywood International Airport, the Turnpike, I-95, and I-595. The property sits on a 0.75-acre lot and boasts a stunning design, featuring a welcoming ground-level reception area, 27 individual offices distributed across three floors, two spacious conference rooms, two well-equipped kitchens, and five bathrooms. Ample parking is provided with 44 spaces, including two electric vehicle charging stations. The sale includes the existing tenant under a modified gross lease with two years remaining (until April 2026). The tenant is responsible for electricity and insurance costs. This presents a unique investment opportunity with a stable income stream. Furthermore, approved plans are in place for the construction of an additional, similar-sized building perpendicular to the existing structure, expanding the property's potential significantly. This expansion would utilize the southern portion of the lot, running east-west. Detailed floor plans are available upon request. The asking price for this turnkey operation is $6,200,000. This is a rare chance to acquire a high-quality, well-located office building with immediate income and significant future development potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Davie
- County
- Broward
- State
- Florida
- Longitude
- -80.2516
- Latitude
- 26.0631
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA