4640 University Dr Davie, FL 33328-3818
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.
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
GRIFFIN CORRIDOR DISTRICT · Davie, FLDavie. 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.