2692 University Dr Sunrise, FL 33322-2496
Sunrise Lakes Plaza, located at 2692 N University Dr in Sunrise, Florida (33322), presents a compelling investment opportunity. This 11,707 square foot Class C retail strip center, built in 1976, sits on a 0.75-acre lot and offers ample parking with 36 spaces. Currently featuring multiple tenancies, one 900 square foot retail space is immediately available, making it ideal for expansion or a new business venture. The property's location in Broward County provides excellent visibility and accessibility, benefiting from high traffic counts on N University Drive. The center's existing infrastructure provides a solid foundation for a variety of retail uses. The property's age presents an opportunity for renovation and modernization to enhance its appeal and increase its market value. This is a chance to acquire a well-situated retail property in a thriving Florida market. The property's size and existing infrastructure offer flexibility for a range of retail businesses. The available space provides an immediate opportunity for occupancy, minimizing vacancy periods and maximizing return on investment. Serious inquiries are encouraged to explore this promising retail investment. The property's location in a busy commercial area ensures high visibility and foot traffic, contributing to a strong potential for business success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-3 · Sunrise, FLSunrise. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.