Towne Plaza
Closed7443-7495 N University Drive, Tamarac, FL 33321
$4,400,00028,600 SF
Retail1988
Property type
Retail
Price
$4,400,000
Building size
28,600 sf
Rentable area
28,600 SF
Year built
1988
Year renovated
Occupancy
Zoning code
Sold/status
Sold · Date unknown
Sale price
$4400000
Property description
The city of Tamarac is a centrally located city within Broward County. The city offers easy access to five major highways and is within 30 minutes of Fort Lauderdale Hollywood International Airport, Port Everglades, Amtrak, Brightline, and Tri-Rail With the addition of new neighborhoods, businesses, a community center, retail, multiple parks, and more the city has transformed from a once active retirement community to attract a younger and more diverse population from all walks of life.
Property highlights
- Franklin Street represented the buyer on this transaction and provided insurance upon closing
- 46.20% Occupied owner-user purchase to expand medical practice surrounded by other like-kind tenants in a medical retail plaza
- Directly next to University Hospital & Medical Center
- Complete frontage facing one of Broward’s top retail corridors - North University Dr with 51,000 vehicles per day
- First-time property trades since being built