2561 N University Dr

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2561 N University Dr

Coral Springs, FL 33065
Asking Price
$5.14M
Asset Type
Office
Class
Class B

What's Special

2561 N University Drive is situated in a prominent commercial corridor in central Coral Springs. The site is located directly on a primary north-south thoroughfare, providing high visibility and proximity to the intersection of Royal Palm Boulevard. The surrounding neighborhood features a mix of retail centers, financial institutions, and dining options, including the nearby Coral Square Mall. Access to the property is facilitated by multiple Broward County Transit bus stops along University Drive, while the Sawgrass Expressway is located approximately three miles to the north, connecting the district to the broader South Florida metropolitan area. The building is configured to accommodate a variety of professional office requirements, ranging from small private practices to mid-sized corporate suites. Given its location in a high-traffic service hub, the asset is well-suited for medical offices, legal firms, accounting practices, and insurance agencies. The typical tenant profile consists of established local service providers who benefit from a central suburban location and proximity to residential neighborhoods. The layout supports administrative operations that require accessible client-facing space alongside dedicated back-office environments.

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NOI
$80,000
Cap Rate
1.56%
DSCR
0.26
Underwater
Cash-on-Cash
-14.60%
Monthly Payment
$25,429.916
Annual Cash Flow
$-225,158.986

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