University Medical Office Building is a beautiful two-story building located in Western Broward County and on the campus of University Hospital, a 317-bed acute care facility. There are many amenities that this property offers such as a covered drop-off area for patients and guests as well as an abundance of parking which contains an unusually high parking ratio of 6.8 parking spaces per every thousand square-feet of space.
The surrounding submarket has a relatively small inventory of Class A Medical/Office space constructed and still available for lease which in part signifies why our particular site is a rare opportunity for entry. The local area has a high employment concentration in the fields of manufacturing, healthcare and retail trade and ultimately serves well for our property regarding the apparent need for healthcare assistance and also providers. The two main office nodes in the submarket are along West McNab Road and North University Drive where our building is directly positioned. The vacancy rates have declined for all asset classes over the past few years while there’s also been an uptick in heighted demand. Tarmac continuously draws outsiders with rents and business costs that are cheaper than those of nearby Miami.
Building Highlights:
Campus: On-Campus of University Hospital and Medical Center
Total SF: 30,297 SF
Asking Rate: $28.50/SF MG
Property Features:
• Class A Medical Office Building
• Located on the Campus of University Hospital and Medical Center
• Covered Drop-Off area
• Abundant Parking Ratio of 6.80/1,000 SF
• Located 30-minutes from Fort Lauderdale–Hollywood International Airport
• High Traffic Counts of 43,000 & 38,500 VPD on N University Drive & W McNab Road
