1741-1759 N University Dr - Storefront Retail/Office CONDO FOR SALE


Pembroke Pines, FL 33024- Walnut Creek
$1,805,920 USD
561-818-7587
1741-1759 N University Dr, Pembroke Pines, FL for Sale
$1,805,920 USD
Storefront Retail/Office CONDO - FOR SALE
1/99
null | 7.5% Cap Rate

1741-1759 N University Dr
Pembroke Pines, FL 33024
Walnut Creek


HIGHLIGHTS

  • 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

OVERVIEW

As 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.

FOR SALE DETAILS

PRICE

$1,805,920 USD

PRICE/SF

$494 USD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

3,657 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

PUD

APN/PARCEL ID

51-41-10-17-0020

ASK ABOUT THIS PROPERTY

Connor AnthonyMatthews Real Estate Investment ServicesMore Info
561-818-7587

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Connor AnthonyMatthews Real Estate Investment ServicesMore Info
561-818-7587

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