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    OFF-MARKET
    Commercial real estate

    2019 University Dr, Sunrise, FL 33322

    Built 1980
    Property ID
    US18-9297636
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving Allstate insurance agency located at 2019 N University Dr, Sunrise, FL 33322. Built in 1980, this special purpose property is offered at an asking price of $1,250,000. The agency boasts a substantial total premium volume of $4.8 million, generating significant cash flow due to low rent and minimal operating expenses. This turnkey operation includes an existing lease, a well-established book of business, trained staff, and existing policies, ensuring a smooth transition for the new owner. The property's prime location in Broward County, Florida, contributes to its ongoing success. This is an ideal acquisition for a qualified buyer possessing the necessary insurance licenses (220 and 215) and Allstate approval. The established infrastructure and strong financial performance make this a rare opportunity to acquire a profitable and established business with immediate income potential. The low overhead and high revenue stream offer a compelling return on investment. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1980
    UPID US18-9297636
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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