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3300 N University Drive - Coral Springs Financial Plaza, Coral Springs, FL

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DetailMap
3300 N University Drive - Coral Springs Financial Plaza

SW/C
Coral Springs, FL 33065-6309 - NW Broward/Coral Springs Submarket


Property Type:Office Sub Type:- Status:Existing , Renov 2002 Year Built:1974
Stories:10 Typical Floor:12,035 SF Building Size:123,409 SF
Smallest Space:165 SF Largest Space:5,713 SF Total Space Avail:34,712 SF Rent/SF/Yr:
$14.00
Parking:Free Surface spaces are available; Ratio of 3.34/1,000 SF Amenities:Banking


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
992 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
 1st
4,119 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
 1st
5,435 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
 1st
233 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
 1st
165 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
 1st
976 SF
$14.00/SF/Yr
30 Days
Negotiable
Retail
 2nd
5,713 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
 2nd
1,225 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 2nd
1,489 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
 2nd
1,480 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
 3rd
757 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 3rd
651 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 3rd
618 SF
$14.00/SF/Yr
30 Days
Negotiable
Office
 3rd
817 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 3rd
554 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 3rd
1,153 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 3rd
2,465 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 4th
273 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 4th
708 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 4th
2,896 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 4th
1,993 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
 
7795271
5768745
1116280
8922523
8922509
8155194
7784701
1116281
8922554
7784725
1885653
7784825
8922613
1885654
7784832
898877
7784826
1776368
7784853
2981687
2981693
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
992 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
1st
4,119 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
1st
5,435 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
1st
233 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
1st
165 SF
$14.00/SF/Yr
Vacant
Negotiable
Retail
1st
976 SF
$14.00/SF/Yr
30 Days
Negotiable
Retail
2nd
5,713 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
2nd
1,225 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
2nd
1,489 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
2nd
1,480 SF
$14.00/SF/Yr
30 Days
3-5 yrs
Office
3rd
757 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
3rd
651 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
3rd
618 SF
$14.00/SF/Yr
30 Days
Negotiable
Office
3rd
817 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
3rd
554 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
3rd
1,153 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
3rd
2,465 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
4th
273 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
4th
708 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
4th
2,896 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
4th
1,993 SF
$14.00/SF/Yr
Vacant
Negotiable
Office
Coral Springs Financial Plaza is a landmark, ten-story office building on a 7.1 acre site with 123,622 square feet of net rentable space. The property is located in the heart of downtown Coral Springs at the highly visible intersection of University Drive and Sample Road, two of Coral Springs most prominent thoroughfares.

Sale Notes:
Marcus & Millichap is pleased to exclusively market for sale the Coral Springs Financial Center, 123,409 square-foot office building located in Coral Springs, Florida. The subject property is a rare distressed office building that is only 40% occupied currently. The property is deliverable
free and clear of existing debt. A new investor can bring the occupancy to conservative market level of 85% and achieve double-digit returns, after accounting for conservative tenant improvement and leasing commission estimates. This asking price value of $9,750,000 represents a price per square foot of $79/SF, which is in line with other competing similar class B office sales in the area.
There is the potential for a redevelopment of the entire site to retail and/or mixed use in the future. This is a prime corner that is zoned for multiple uses including retail. A developer investor has the option to knock the structure down for the purpose of redeveloping the pad site into retail bays which based on the sounding demographics and traffic counts would most certainly attract multiple national retailers who would want the high end exposure within this upscale area.


Lincoln Property Company
Lois D Paskow
(954) 444-7576



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