EXCELLENT OPPORTUNITY. OWN 12,189 SF FREESTANDING MEDICAL/OFFICE BUILDING WITH UPSIDE POTENTIAL IN HIGHLY POPULATED DAVIE, FL. THIS PROPERTY HAS AN ATTRACTIVE +/- 165 FEET OF DIRECT FRONTAGE ON N UNIVERSITY DRIVE WITH 47,000 TRIPS/DAY (2023 FDOT AADT) AND SITS ON A 0.82-ACRE LOT WITH 48 PARKING SPACES. ZONING IS B-2, WHICH ALLOWS FOR VARIOUS COMMERCIAL USES, INCLUDING MEDICAL. THERE ARE 6 UNITS TOTAL, CURRENTLY FULLY LEASED, HOWEVER, A 3,139 RSF SPACE MAY BECOME AVAILABLE SOON MAKING IT AN OPPORTUNITY FOR A USER OR INVESTOR. PLEASE INQUIRE FOR FULL FINANCIALS AND OFFERING MEMORANDUM.
Building Type:
Commercial,Free Standing,Income,Office Space,Office/Professional
Cooling:
Central Individual
Current Use
Income,Professional Office
Utilities
Electric,Municipal Water,Public Sewer,Public Water
Lease Term Type:
Gross Rent,Subject to Lease,Triple Net
Owner Pays:
Common Area Maint.,Electric,Janitorial
3157 N University Drive, Davie, FL, 33024
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
