5401 University Dr 5437 Lauderhill, FL 33351-5028
Universal Plaza, a 49,506 square foot retail center in Lauderhill, Florida, offers exceptional leasing opportunities. Strategically located on the southwest corner of University Drive and Commercial Boulevard, this property boasts excellent visibility and accessibility. The center features a strong tenant mix, including established businesses such as Starbucks, Chipotle, Tropical Smoothie, and CVS, ensuring a vibrant and high-traffic environment. Two spaces are currently available, with a minimum divisible space of 1,950 square feet and a maximum contiguous space of 5,580 square feet; a total of 10,030 square feet is currently vacant. The property benefits from ample parking and is conveniently situated between the Florida Turnpike and Sawgrass Expressway, providing easy access for customers and employees. High traffic counts of 61,000 AADT on University Drive and 32,000 AADT on Commercial Boulevard further underscore the prime location and significant potential for business growth. This is an ideal opportunity for retailers seeking a high-visibility location within a thriving commercial area in Broward County. The property is classified as a multi-tenant retail space.
family per diem at fifty (50) dwelling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Commercial, Neighborhood (CN). 2. Commercial, Community (CC). 3. Commercial, General (CG). 4. Commercial, Warehouse (CW). 5. Commercial, Office (CO). 6. Commercial, Recreation (CR). C. Industrial zoning district. 1. Industrial…
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
CG · Lauderhill, FLfamily per diem at fifty (50) dwelling units per acre (RMH-50). 9. Planned Unit Development (PUD). B. Commercial zoning districts. 1. Commercial, Neighborhood (CN). 2. Commercial, Community (CC). 3. Commercial, General (CG). 4. Commercial, Warehouse (CW). 5. Commercial, Office (CO). 6. Commercial, Recreation (CR). C. Industrial zoning district. 1. Industrial, Light (IL). D. Transportation and Utility zoning districts. 1. Transportation Fa
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.