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5251 N University Dr
2,854 SF of Retail Space Available in Lauderhill, FL 33351
Highlights
- Free standing building
- Very high traffic counts 55,500 VPD
- Busy national retailer corridor
- Direct frontage on University Drive between Commercial Blvd. & Oakland Park Blvd.
- Excellent ingress and egress
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,854 SF | Negotiable | $25.00 USD/SF/YR $2.08 USD/SF/MO $269.10 USD/m²/YR $22.42 USD/m²/MO $5,946 USD/MO $71,350 USD/YR | Triple Net (NNN) |
1st Floor
This is an End Cap Space adjacent to For Eyes at 5251 N. University Dr and is currently available for lease. The A/C is brand new, new Ceiling, new Lighting and the space is a Vanilla Box ready to go. This 6,618 square foot retail building has direct access to University Drive. Excellent ingress and egress. Very high traffic counts and very good demographics. Plenty of parking in the front and rear of the center. Center was just painted and looks fantastic.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- After Hours HVAC Available
- Direct frontage on University Drive
- Highly visibly with excellent ingress and egress
- Building recently painted/property well maintained
- Very high traffic counts
- Join adjacent long term Tenant For Eyes
- Space recently renovated and Vanilla Box
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5251 N University Dr , Lauderhill, FL 33351
| Property Type | Retail | Year Built | 1991 |
| Property Subtype | Freestanding | Parking Ratio | 4.84/1,000 SF |
| Gross Leasable Area | 6,618 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,618 SF |
| Year Built | 1991 |
| Parking Ratio | 4.84/1,000 SF |
About the Property
This space is in a free standing building with direct frontage on University Drive between Commercial Blvd. an Oakland Park Blvd. The building space and frontage is shared with For Eyes a national eye glass and eye exam company in the center for many years. This is an excellent retail, restaurant take-out, salon suites, medical and financial space with high traffic counts of over 55,500 VPD, excellent visibility, front facade signage, front and rear parking, excellent ingress and egress and much more. The space has been renovated and is a vanilla box ready to go!
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
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5251 N University Dr
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