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5001 N University Drive - Miami Subs, Fort Lauderdale, FL

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5001 N University Drive - Miami Subs

Fort Lauderdale, FL 33351-5013 - Plantation Submarket

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1985
Building Size:3,739 SF Land Area:1.15 AC (50,094 SF)
For Sale Price:$2,500,000 Price/SF:$668.63
Cap Rate:4.90 %
Parking:25 Surface spaces are available; Ratio of 9.76/1,000 SF
Features:Pylon Sign, Drive Thru

Sale Notes:
Fee Simple Ownership. True triple net property with Drive Thru. Twenty year lease with 18 years remaining. Miami Subs franchisee. Miami Subs in same location more than 20 years. Loyal customer base. Rent escalations of 1% anually. Building completely renovated. In excellent condition. Located on high traffic University Drive. Excellent Demographics, 400,000+ population, $70,863 average household income. Signalized corner lot. Great visibility. Lots of Parking, Fee Simple Ownership

Completely renovated building located on high traffic N University Drive. Corner lot with excellent visibilty. Signalized corner. Entrance/Exits from N. University Drive and NW 50th Street (Inverrary Blvd.) Ease of ingress/ egress. Just south of Commercial Blvd. Close to shopping,schools, restaurants, Florida turnpike and I-95.Great demographics. 400,000+ population, $70,863 average household income.

The Keyes Company
Carolyn Isacovici
(786) 376-1680

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