Lauderhill, FL 33351,4551 N University Dr

$5,000,000

Est. payment /mo

$5,400,000

7.4%
Est.Price: ?

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4551 N University Dr Lauderhill, FL 33351

41,199 SqFt

SOLD DATE : 03/03/2021

Key Details

Sold Price $5,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 41,199 sqft

Price per Sqft $121

MLS Listing ID A10858786

Sold Date 03/03/21

Maintenance Fees $5,280

Construction Status New Construction

HOA Y/N No

Year Built 1984

Annual Tax Amount $146,698

Tax Year 2019

Lot Size 3.860 Acres

Acres 3.86

Property Description

Very active fully functional strip shopping center located between Commercial Boulevard and Oakland Park Boulevard directly on N. University Drive. Priced to sell 7.38 cap rate on full asking price. Center is 41,199 Gross square Footage & 38,855 net sq.Ft. situated on 3.86 Acres or 168335 Sq.Ft. of land. Ample parking.Easy ingress and egress. Potential Gross 606,516 expenses $207,750 NOI 398,766. Call Listing agent for full information.

Location

State FL

County Broward County

Area 3840

Direction I-95 exit Commercial Blvd. west to N. University Dr. south to property. I-95 exit Oakland park Blvd west to N. university Dr. North to property.

Interior

Heating Central

Cooling Central Air

Flooring Concrete

Exterior

Total Parking Spaces 220

Building

Story 1

Sewer Other

Water Public

Level or Stories One

Structure Type Block

Construction Status New Construction

Others

Tax ID 494116019240

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Corporate Listing

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Listed by The Keyes Company
Bought with The Keyes Company
agent

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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