2698 University Dr Sunrise, FL 33322-2431
This exceptional free-standing retail building, located at 2698 N University Drive in Sunrise, Florida, 33322, offers 4,131 square feet of prime retail space. Situated in a high-density corridor with excellent demographics, this single-tenant property boasts tremendous visibility and accessibility. The building benefits from a brand-new roof, fresh exterior paint, and updated landscaping, ensuring a well-maintained and attractive presentation. The property enjoys a prominent location on University Drive, a major thoroughfare with a daily traffic count of 55,500 vehicles. This high traffic volume ensures significant exposure for any business occupying the space. The surrounding area is anchored by national retailers such as Home Depot, Lowe's, and Pet Supermarket, creating a strong retail environment and attracting a substantial customer base. The property is conveniently located within a 3-mile radius of over 200,000 residents, providing a large potential customer pool. The base rent is $32.00 per square foot, with $10.19 in NNN expenses. This presents a compelling investment opportunity for discerning buyers seeking a well-located, updated retail property in a thriving market. The lot size is not specified.
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.