Office Medical

University Community Medical Plaza

7401 N University Dr, Tamarac, FL 33321

Listing Price: Request For Offer

Gross SF
45,000
Rentable SF
45,000
Year Built
1980
Lot Size
2.54 acres

Investment Overview

Marcus & Millichap is proud to present the University Community Medical Plaza located in Tamarac, Florida. This medical office weas built in 1980, completely remodeled 2000 and very well maintained throughout the owners tenure managing the property. The medical plaza sits on a 2.68-acre parcel (or 116,607 square feet), offering approximately 20,299 square feet of rentable space.

The University Community Medical Plaza is currently 81% percent occupied by a mix of professional medical tenants, with some tenants leasing the same space for over 10 years. The diverse medical tenant mix and extremely close proximity to the University Hospital provides investors an excellent opportunity to retain and acquire top medical professionals in the area.

University Community Medical Plaza is located on North University Drive, which has high traffic counts of over 51,000 Vehicles Per Day (VPD). The subject property offers over 275 feet of direct frontage on busy North University Drive, which is a major artery travelling North and South. The property is situated right between Floridas Turnpike and the Sawgrass Expressway which provides easy access to and from Miami-Dade and Palm Beach Counties.

The subject property is situated on University Hospital and Medical Center campus, which is a large 305 bed medical facility. The Joint Commission has designated University Hospital as a primary stroke center and awarded the hospital with the Gold Seal of Approval which is only reserved for the highest performing hospitals.

University Community Medical Plaza has been exceptionally maintained and provides professional curb appeal, signage opportunities, and ample parking. There are approximately 148 parking spaces, which provides a very strong parking ratio of 7.34 parking spaces per 1,000 square feet of rentable space.

University Community Medical Plaza is constructed with concrete block and stucco walls. Roof is supported by bar joist, was recently serviced in January and comes with a 15 year warranty. The subject property recently had the parking lot resurfaced and major tenant improvements. to suite 204 and 208. This parcel is zoned NC for Neighborhood Commercial. The Neighborhood Commercial district is intended to provide the community with personal and low-intensity office and institutional uses to meet the services needed for the surrounding residential areas.

This Medical Plaza is strongly sought after by both investors and owner-users alike because it is extremely easy to manage and consistently has a long list of medical professionals looking to occupy the property given its superb location to the hospital, convenience, and condition.

University Community Medical Plaza is located within the Northwest Broward/Coral Springs office submarket that covers the large suburban area between the Sawgrass Expressway and Floridas Turnpike, including Margate, Coral Springs, and Tamarac. One of Fort Lauderdale

Investment Highlights

  • Located on University Hospital Campus
  • Great Exposure with Excellent Visibility
  • Nearly Stabilized Two-Story Medical Office Building
  • Over 275' of Direct Frontage on Busy North University Drive
  • Healthy Parking Ratio of 7.34 : 1000
  • Situated on 2.7-Acre Parcel

Exclusively Listed By

Office Medical

University Community Medical Plaza

Listing Price: Request For Offer

Gross SF
45,000
Rentable SF
45,000
Year Built
1980
Lot Size
2.54 acres

Investment Highlights

  • Located on University Hospital Campus
  • Great Exposure with Excellent Visibility
  • Nearly Stabilized Two-Story Medical Office Building
  • Over 275' of Direct Frontage on Busy North University Drive
  • Healthy Parking Ratio of 7.34 : 1000
  • Situated on 2.7-Acre Parcel

Investment Overview

Marcus & Millichap is proud to present the University Community Medical Plaza located in Tamarac, Florida. This medical office weas built in 1980, completely remodeled 2000 and very well maintained throughout the owners tenure managing the property. The medical plaza sits on a 2.68-acre parcel (or 116,607 square feet), offering approximately 20,299 square feet of rentable space.

The University Community Medical Plaza is currently 81% percent occupied by a mix of professional medical tenants, with some tenants leasing the same space for over 10 years. The diverse medical tenant mix and extremely close proximity to the University Hospital provides investors an excellent opportunity to retain and acquire top medical professionals in the area.

University Community Medical Plaza is located on North University Drive, which has high traffic counts of over 51,000 Vehicles Per Day (VPD). The subject property offers over 275 feet of direct frontage on busy North University Drive, which is a major artery travelling North and South. The property is situated right between Floridas Turnpike and the Sawgrass Expressway which provides easy access to and from Miami-Dade and Palm Beach Counties.

The subject property is situated on University Hospital and Medical Center campus, which is a large 305 bed medical facility. The Joint Commission has designated University Hospital as a primary stroke center and awarded the hospital with the Gold Seal of Approval which is only reserved for the highest performing hospitals.

University Community Medical Plaza has been exceptionally maintained and provides professional curb appeal, signage opportunities, and ample parking. There are approximately 148 parking spaces, which provides a very strong parking ratio of 7.34 parking spaces per 1,000 square feet of rentable space.

University Community Medical Plaza is constructed with concrete block and stucco walls. Roof is supported by bar joist, was recently serviced in January and comes with a 15 year warranty. The subject property recently had the parking lot resurfaced and major tenant improvements. to suite 204 and 208. This parcel is zoned NC for Neighborhood Commercial. The Neighborhood Commercial district is intended to provide the community with personal and low-intensity office and institutional uses to meet the services needed for the surrounding residential areas.

This Medical Plaza is strongly sought after by both investors and owner-users alike because it is extremely easy to manage and consistently has a long list of medical professionals looking to occupy the property given its superb location to the hospital, convenience, and condition.

University Community Medical Plaza is located within the Northwest Broward/Coral Springs office submarket that covers the large suburban area between the Sawgrass Expressway and Floridas Turnpike, including Margate, Coral Springs, and Tamarac. One of Fort Lauderdale

Exclusively Listed By

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