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Storefront Retail Office Condo For Sale • 3,657 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1759 | Retail | 3,657 SF | $1,805,920 USD | |
DescriptionThe property’s visibility along University Drive, a dominant north south artery traversing Broward County, provides steady daily exposure and ensures accessibility from surrounding communities including Cooper City, Miramar, Davie, and Weston. The site is strategically positioned among national retailers, medical offices, restaurants, and service providers, creating consistent activity throughout the day and week. Regional connectivity is reinforced by proximity to Pines Boulevard, Sheridan Street, Flamingo Road, I 75, and Florida’s Turnpike, enabling convenient customer and tenant access. Sale NotesAs an investment offering, the property is priced at 1,805,920 with a 7.5 percent capitalization rate, reflecting stable income production within a fully occupied park environment. The asset’s size and configuration appeal to investors seeking manageable operations with predictable performance and minimal oversight. Pembroke Pines demographics further strengthen the investment profile, supported by high median incomes, strong school districts, and ongoing residential development. This property’s combination of visibility, tenancy stability, market strength, and accessibility positions it as a compelling investment within one of Broward County’s most durable commercial nodes. It offers immediate cash flow supported by full occupancy while benefiting from long-term fundamentals that define the University Drive corridor as a resilient retail destination. |
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1759 N University Drive offers an exceptional opportunity within one of Broward County’s most consistently traveled commercial corridors. Positioned in a fully leased retail park, this asset benefits from the built-in stability and traffic generated by a mature tenant mix, established customer base, and strong co-tenancy synergy. Pembroke Pines remains one of South Florida’s most desirable suburban markets, boasting dense residential populations, long-term household growth, and elevated consumer spending levels supported by nearby schools, single-family neighborhoods, multifamily communities, and a thriving commercial ecosystem.
| New 10-Year Medical Office Lease: ClareMedica Health Partners, LLC recently executed a long-term 10-year lease, providing stable |
| 100% Expense Reimbursements: Tenant pays 100% of operating expenses, including taxes, insurance, CAM, and capital improvement pass-throughs |
| Established Healthcare Operator: ClareMedica operates as a multi-location primary care and senior health services provider |
| Prime Medical Corridor Location: Strategically positioned along N. University Drive within a dense suburban market surrounded by hospitals |
| Turnkey Medical Buildout: The ±3,657 SF suite is fully built for medical laboratory use, offering specialized improvements, functional layout |
| High Barriers to Entry: The Pembroke Pines submarket has limited availability of modern medical office space, supporting tenant retention |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 13 min | - | 6.1 mi |
| Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 15 min | - | 6.4 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 18 min | - | 8.7 mi |
| Miami International | 38 min | - | 25.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 63 |
| Type: | Surface |
| Included in Rent: | Yes |
Connor Anthony
Matthews Real Estate Investment Services
Connor Anthony
Matthews Real Estate Investment Services