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3000 N University Dr - Belle Terre West 1,294 SF Office/Retail Condo Unit Offered at $764,445 CAD in Coral Springs, FL 33065
Executive Summary
Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs. Currently leased for 5 years with 2 additional 5 year options. Rental Rate at $5,200/m 3% Annual Increases Association dues approximately $950/m Property Taxes at sale price approximately $917/m Total NOI year 1 ~$40,000 This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists. The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services. Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 48-41-21-AD-0080 |
| Cap Rate | 7.27% |
| Sale Type | Investment |
| Cap Rate | 7.27% |
| APN/Parcel ID | 48-41-21-AD-0080 |
Description
Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs.
Currently leased for 5 years with 2 additional 5 year options.
Rental Rate at $5,200/m
3% Annual Increases
Association dues approximately $950/m
Property Taxes at sale price approximately $917/m
Total NOI year 1 ~$40,000
This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists.
The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services.
Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.
Currently leased for 5 years with 2 additional 5 year options.
Rental Rate at $5,200/m
3% Annual Increases
Association dues approximately $950/m
Property Taxes at sale price approximately $917/m
Total NOI year 1 ~$40,000
This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists.
The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services.
Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3H | 1,294 SF | Office/Retail | $764,445 CAD ($590.76 CAD/SF) | $55,596.00 CAD |
Unit 3H
| Unit Size |
| 1,294 SF |
| Condo Use |
| Office/Retail |
| Price |
| $764,445 CAD ($590.76 CAD/SF) |
| NOI |
| $55,596.00 CAD |
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Unit 3H
| Unit Size | 1,294 SF |
| Condo Use | Office/Retail |
| Price | $764,445 CAD ($590.76 CAD/SF) |
| NOI | $55,596.00 CAD |
| Sale Type | Investment |
| Cap Rate | 7.27% |
| APN/Parcel ID | 48-41-21-AD-0080 |
| Description | |
| Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs.<br> <br> Currently leased for 5 years with 2 additional 5 year options.<br> <br> Rental Rate at $5,200/m<br> <br> 3% Annual Increases<br> <br> Association dues approximately $950/m<br> <br> Property Taxes at sale price approximately $917/m<br> <br> Total NOI year 1 ~$40,000<br> <br> This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists.<br> <br> The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services.<br> <br> Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 25,482 SF | Typical Floor Size | 12,549 SF |
| Property Type | Office (Condo) | Year Built | 1979 |
| Building Class | C | Lot Size | 2.33 AC |
| Floors | 2 | Parking Ratio | 3.98/1,000 SF |
| Zoning | B-2 - Neighborhood Commercial | ||
| Total Building Size | 25,482 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 12,549 SF |
| Year Built | 1979 |
| Lot Size | 2.33 AC |
| Parking Ratio | 3.98/1,000 SF |
| Zoning | B-2 - Neighborhood Commercial |
Amenities
- Storage Space
- Central Heating
- Reception
- Air Conditioning
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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3000 N University Dr - Belle Terre West
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