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Attributes
Year Built | 2000 |
Building Area Net |
|
Asset Description
Jones Lang Lasalle Americas, Inc. ("JLL") is pleased to exclusively offer the opportunity to acquire 210 N University Drive (the “Property”), a 9-story office building located in Coral Springs, FL. The market leading Property is 86.2% occupied to a high-quality roster of sticky, local tenants, making this an incredible value-add opportunity with strong existing cash flow, in one of South Florida’s most desirable suburban submarkets. The offering is further bolstered by the impressive line-up of Investment-Grade, Credit Antenna Tenants that currently provide over $100,000 of guaranteed income annually.
Investment Highlights
- Unique opportunity to own an area icon
- Guaranteed antenna rent
- True value-add upside
- Roof-top value-add opportunity
- Rents at discount to other submarkets
- Attractive south Florida location
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