7443-7495 N University Drive, Tamarac, FL 33321
Marcus & Millichap is pleased to exclusively present Towne Plaza: a 28,600 square foot multi-tenant medical office complex situated on 3.11 acres in Tamarac, Florida. Towne Plaza is currently 46.20% occupied by quality medical tenants on Modified Gross Leases. The vacant suites can be custom-built for tenant's needs and includes a 9,600 square foot surgical center buildout, offering considerable upside in cash flow by increasing occupancy. The Towne Plaza is positioned as a great asset for both investors and owner-users.
The Towne Plaza has direct frontage on highly traveled North University Drive with a traffic count of over 51,000 vehicles per day and is easily accessed from the Florida Turnpike and Sawgrass Expressway. The subject property neighbors University Hospital & Medical Center, Tamarac Recreational Center and Tamarac Elementary. Surrounding national retailers include Aldi, Walgreens, Bank of America, Walmart, Wendy's Publix, Dunkin Donuts, Ross, and Shell. Additionally, the immediate area has strong demographics with a population of over 440,800 within a five-mile radius of the subject property.
The city of Tamarac is a centrally located city within Broward County. The city offers easy access to five major highways and is within 30 minutes of Fort Lauderdale-Hollywood International Airport, Port Everglades, Amtrak, Brightline, and Tri-Rail. With the addition of new neighborhoods, businesses, a community center, retail, multiple parks, and more the city has transformed from a once active retirement community to attract a younger and more diverse population from all walks of life. Today the city is home to over 66,000 residents and thousands of businesses and is the 7th largest metropolitan statistical area in the U.S.by population. The city's location, neighborhoods, and business-friendly environment position Tamarac is set to be a focal point for continuous commercial and residential development in the years to come.
Marcus & Millichap is pleased to exclusively present Towne Plaza: a 28,600 square foot multi-tenant medical office complex situated on 3.11 acres in Tamarac, Florida. Towne Plaza is currently 46.20% occupied by quality medical tenants on Modified Gross Leases. The vacant suites can be custom-built for tenant's needs and includes a 9,600 square foot surgical center buildout, offering considerable upside in cash flow by increasing occupancy. The Towne Plaza is positioned as a great asset for both investors and owner-users.
The Towne Plaza has direct frontage on highly traveled North University Drive with a traffic count of over 51,000 vehicles per day and is easily accessed from the Florida Turnpike and Sawgrass Expressway. The subject property neighbors University Hospital & Medical Center, Tamarac Recreational Center and Tamarac Elementary. Surrounding national retailers include Aldi, Walgreens, Bank of America, Walmart, Wendy's Publix, Dunkin Donuts, Ross, and Shell. Additionally, the immediate area has strong demographics with a population of over 440,800 within a five-mile radius of the subject property.
The city of Tamarac is a centrally located city within Broward County. The city offers easy access to five major highways and is within 30 minutes of Fort Lauderdale-Hollywood International Airport, Port Everglades, Amtrak, Brightline, and Tri-Rail. With the addition of new neighborhoods, businesses, a community center, retail, multiple parks, and more the city has transformed from a once active retirement community to attract a younger and more diverse population from all walks of life. Today the city is home to over 66,000 residents and thousands of businesses and is the 7th largest metropolitan statistical area in the U.S.by population. The city's location, neighborhoods, and business-friendly environment position Tamarac is set to be a focal point for continuous commercial and residential development in the years to come.