Skip To Content

5360 S University Dr

Davie, FL 33328
  • $8,200,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: A11273474
UPDATED: 55 min ago
$8,200,000
  • 0
    BEDS
  • 2.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2008
County:

School Ratings & Info

Description

Great opportunity to purchase a hybrid retail and industrial site that fronts University Drive.This property consist of 2 building 25,627 SF on 2.1 acre fenced in lot. Property is perfect for an owner user, owner user can occupy up to 21,255 SF with a front showroom and the warehouse space in the back. The warehouse features 3 phase electric, 6 loading docks, 2 drive in doors and 12' ceilings.This property also works very well for an investor, the property is currently 100% occupied with well established businesses as tenants and seller occupying most of the property. Investor can lease the seller occupied spaces at a market rate of $23.51 p/SF NNN after closing. This will provide a net annual income of $847,633.94 and a strong 7.39% capitalization rate at full asking price.

Monthly Payment Calculator



Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-26T10:50:45.127.
www.bettersouthfloridahomes.com/homes/133111371
Print Image

5360 S University Dr Davie, FL 33328

  • Price: $8,200,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 55 min ago
  • MLS #: A11273474
0
Beds
0
Baths
0
½ Baths
2.08
Acres
2008
Built
County:
Broward
Property Description
Great opportunity to purchase a hybrid retail and industrial site that fronts University Drive.This property consist of 2 building 25,627 SF on 2.1 acre fenced in lot. Property is perfect for an owner user, owner user can occupy up to 21,255 SF with a front showroom and the warehouse space in the back. The warehouse features 3 phase electric, 6 loading docks, 2 drive in doors and 12' ceilings.This property also works very well for an investor, the property is currently 100% occupied with well established businesses as tenants and seller occupying most of the property. Investor can lease the seller occupied spaces at a market rate of $23.51 p/SF NNN after closing. This will provide a net annual income of $847,633.94 and a strong 7.39% capitalization rate at full asking price.
Exterior Features

Pool Private YN No Roof Concrete View YN No Waterfront YN No

Interior Features

Building Area Total 25627 Stories 1

Property Features

Association YN No Business Type Shopping CenterWarehouse Space Electric 3 Phase Electric Horse YN No New Construction YN No Public Survey Section 33 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 83726

Listing courtesy of Re/Max 5 Star Realty: 954-361-0000.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-26T10:50:45.127.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11273474-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11273474-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11273474-2.jpg
Logo
United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323