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1401 N University Dr 53,337 SF 61% Leased Office Building Coral Springs, FL 33071 $7,350,000 ($137.80/SF) 8.34% Cap Rate
Investment Highlights
- 1401 N University Drive is a 49,901-SF Class B professional office building situated on 2.50 acres in the sought-after Coral Springs submarket.
- Attractive price with a competitive capitalization rate, presenting a compelling investment opportunity in today’s market.
- 78% occupied with stable in-place income, providing immediate cash flow for investors while offering lease-up and rental rate growth potential.
- Prime location along the highly visible University Drive corridor with immediate access to the Florida Turnpike and Sawgrass Expressway.
Executive Summary
Spanning 49,901 square feet, this six-story Class B property sits on 2.50 acres along the well-traveled University Drive corridor and is currently 78% occupied, offering stable in-place cash flow with significant upside potential for future ownership.
Built in 1986, the property is offered at $7,350,000 ($147.29 per square foot) and delivers a strong NOI of $612,712.22 with an attractive 8.34% cap rate.
Strategically positioned with immediate access to the Florida Turnpike and Sawgrass Expressway, 1401 North University Drive benefits from excellent visibility and connectivity, as well as proximity to numerous restaurants, hotels, shopping centers, and desirable residential communities, making it an exceptional investment opportunity in the heart of Coral Springs.
Please see the more in-depth financial information contained in the attached Offering Memorandum and reach out today to learn more about this rare investment opportunity.
Property Facts
Amenities
- 24 Hour Access
- Banking
- Conferencing Facility
- Restaurant
- Security System
- Kitchen
- Reception
- Open-Plan
- Partitioned Offices
- Plug & Play
- Wi-Fi
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Services
- -
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$9.99
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- -
Brighter Body Wellness & Weight Loss is proud to offer the highest standard of care to their patients to help them look and feel their best. They believe that each patient is unique, so their individualized treatment plan will cater to what works best for clients. Their highly trained team is dedicated to researching the latest minimally invasive procedures that will provide clients desirable results with little to no recovery time.
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- Wholesaler
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Lorem Ipsum
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Jan 0000
JNS Foods is a U.S.-based supplier of foodservice products serving a range of institutional and specialty markets. The company sources and distributes food items and related products across the country, utilizing a network of domestic and imported supply channels. Established in 1992, it developed capabilities to support public school systems, universities, correctional facilities, hospitality operators, and other specialized service providers. JNS Foods operates from its headquarters in Florida and coordinates distribution through multiple warehouse locations nationwide. The company focuses on providing access to processed foods, vegetables, bakery ingredients, beverages, and other foodservice staples. Its operations integrate sourcing, logistics, and warehousing to supply products for customers with specific operational and value requirements. JNS Foods is privately held.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Services | - | $9.99 | - | - | |
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Wholesaler | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
1401 N. University Drive Suite 100 in Coral Springs, FL is a former Bank of America branch with drive thru lanes, ground floor space with naming rights to the building. This 5,010 SF space is an open plan with glass cubicles, reception, teller spaces along the window line facing the drive thru lanes, storage, bank vault and kitchen. Covered parking available. Ideal for retail or medical use. Highly visible landmark signage available on two sides with signage visible along University Dr. down to Atlantic Blvd. Both lobby and exterior entrances. Does not include expenses reach out for more information.
-Beautiful 10,000 sq. ft. Office space available -Entire floor -Fully built out -Furnished -Private restrooms -Kitchen/break rooms -Conference rooms, private offices, open areas with work stations Call: 305-607-6984 to schedule a showing and learn more -Listed rate does not include certain expenses
1401 N. University Drive Suite 100 in Coral Springs, FL is a former Bank of America branch with drive thru lanes, ground floor space with naming rights to the building. This 5,010 SF space is an open plan with glass cubicles, reception, teller spaces along the window line facing the drive thru lanes, storage, bank vault and kitchen. Covered parking available. Ideal for retail or medical use. Highly visible landmark signage available on two sides with signage visible along University Dr. down to Atlantic Blvd. Both lobby and exterior entrances. Does not include expenses reach out for more information.
8 offices, kitchenette, open area. Excellent modern build out for professional/office Tenant.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 5,010 SF | Retail | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 10,000 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 500 | 2,600 SF | Office/Medical | - | Now |
| 5th Fl-Ste 502 | 3,198 SF | Office | - | Now |
1st Fl-Ste 100
| Size |
| 5,010 SF |
| Space Use |
| Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 10,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 500
| Size |
| 2,600 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| - |
| Available |
| Now |
5th Fl-Ste 502
| Size |
| 3,198 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 100
| Size | 5,010 SF |
| Space Use | Retail |
| Build-Out | Full Build-Out |
| Available | Now |
1401 N. University Drive Suite 100 in Coral Springs, FL is a former Bank of America branch with drive thru lanes, ground floor space with naming rights to the building. This 5,010 SF space is an open plan with glass cubicles, reception, teller spaces along the window line facing the drive thru lanes, storage, bank vault and kitchen. Covered parking available. Ideal for retail or medical use. Highly visible landmark signage available on two sides with signage visible along University Dr. down to Atlantic Blvd. Both lobby and exterior entrances. Does not include expenses reach out for more information.
2nd Fl-Ste 200
| Size | 10,000 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
-Beautiful 10,000 sq. ft. Office space available -Entire floor -Fully built out -Furnished -Private restrooms -Kitchen/break rooms -Conference rooms, private offices, open areas with work stations Call: 305-607-6984 to schedule a showing and learn more -Listed rate does not include certain expenses
5th Fl-Ste 500
| Size | 2,600 SF |
| Space Use | Office/Medical |
| Build-Out | - |
| Available | Now |
1401 N. University Drive Suite 100 in Coral Springs, FL is a former Bank of America branch with drive thru lanes, ground floor space with naming rights to the building. This 5,010 SF space is an open plan with glass cubicles, reception, teller spaces along the window line facing the drive thru lanes, storage, bank vault and kitchen. Covered parking available. Ideal for retail or medical use. Highly visible landmark signage available on two sides with signage visible along University Dr. down to Atlantic Blvd. Both lobby and exterior entrances. Does not include expenses reach out for more information.
5th Fl-Ste 502
| Size | 3,198 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
8 offices, kitchenette, open area. Excellent modern build out for professional/office Tenant.
Demographics
Demographics
Property Taxes
| Parcel Number | 48-41-28-01-1380 | Improvements Assessment | $3,724,730 |
| Land Assessment | $2,177,040 | Total Assessment | $5,901,770 |
Property Taxes
Presented by
1401 N University Dr
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