5501 N University Dr # 103

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5501 N University Dr # 103

coral-springs, FL 33067
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

5501 N University Dr # 103 is located in a prominent commercial corridor of Coral Springs, Florida. The contemporary professional building sits near the intersection of North University Drive and West Atlantic Boulevard, offering high visibility and ease of navigation. The surrounding neighborhood features a mix of established retail centers, dining options, and residential communities. Local amenities include the Coral Square Mall and several national banking institutions situated within a one-mile radius. Access to the region is supported by nearby major thoroughfares and public transit stops along University Drive, connecting the property to the broader Broward County area. This office suite is suited for professional services, including legal practices, accounting firms, and administrative headquarters. The layout and location cater to small to mid-sized businesses requiring a centralized branch in North Broward. The typical tenant profile includes medical consultants, insurance agencies, and private wealth management firms seeking proximity to a diverse client base. With its ground-floor positioning, the unit provides convenient entry for clients and staff alike, supporting high-traffic professional uses that benefit from a professional environment and a well-established suburban business district setting.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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