1401 N University Dr - Medical FOR SALE


Coral Springs, FL 33071- Outer Coral Springs
$7,350,000 USD
754-732-9925
1401 N University Dr, Coral Springs, FL for Sale
$7,350,000 USD
Medical - FOR SALE
1/7
null | 8.34% Cap Rate

Aug '26


1401 N University Dr
Coral Springs, FL 33071
Outer Coral Springs


HIGHLIGHTS

  • 1401 N University Drive is a 49,901 SF Class B professional office building situated on 2.50 acres in the sought-after Coral Springs submarket.
  • 78% occupied with stable in-place income, providing immediate cash flow for investors while offering lease-up and rental rate growth potential.
  • Attractive price with strong in-place income and a competitive capitalization rate, presenting a compelling investment opportunity in today’s market.
  • Prime location along the highly visible University Drive corridor with immediate access to the Florida Turnpike and Sawgrass Expressway.

OVERVIEW

Acquire a well-located boutique office building in the highly sought-after Coral Springs submarket at 1401 North University Drive. Spanning 49,901 square feet, this six-story Class B property sits on 2.50 acres along the well-traveled University Drive corridor and is currently 78% occupied, offering stable in-place cash flow with significant upside potential for future ownership. Built in 1986, the property is offered at $7,350,000 ($147.29 per square foot) and delivers a strong NOI of $612,712.22 with an attractive 8.34% cap rate. Strategically positioned with immediate access to the Florida Turnpike and Sawgrass Expressway, 1401 North University Drive benefits from excellent visibility and connectivity, as well as proximity to numerous restaurants, hotels, shopping centers, and desirable residential communities, making it an exceptional investment opportunity in the heart of Coral Springs. Please see the more in-depth financial information contained in the attached Offering Memorandum and reach out today to learn more about this rare investment opportunity.

FOR SALE DETAILS

PRICE

$7,350,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

8.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

224

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

B-2, Coral Springs

APN/PARCEL ID

48-41-28-01-1380

ASK ABOUT THIS PROPERTY

Jordan BeckBerger Commercial Realty CorpMore Info
754-732-9925

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Jordan BeckBerger Commercial Realty CorpMore Info
754-732-9925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.