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Pembroke Commons 700 N University Dr 6,000 SF of Office/Retail Space Available in Pembroke Pines, FL 33024
SUBLEASE HIGHLIGHTS
- The location is a power center anchored by popular retailers such as Publix, Marshalls, Ross, and LA Fitness.
- The space is a corner unit facing N. University Drive, offering a prime opportunity for prominent signage.
- The property offers excellent visibility and accessibility, benefiting from heavy traffic along N. University Drive.
- The sublease term currently expires on December 31, 2028, with an option for a longer lease term.
- The lease rate for the space is negotiable, providing flexibility for potential tenants.
- The surrounding area is a vibrant retail hub with established businesses and high foot traffic.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 700 | 6,000 SF | Dec 2028 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 700
The +/- 6,000 SF retail/medical/office space at 700 N University Dr, Pembroke Pines, FL 33024, is available for sublease in a power center anchored by Publix, Marshalls, Ross, and LA Fitness. The sublease term expires on December 31, 2028, with the option for a longer lease term. The corner unit offers excellent visibility, facing N. University Drive, and provides a prominent signage opportunity. The lease rate is negotiable, offering flexibility for potential tenants.
- Sublease space available from current tenant
- Open Floor Plan Layout
- Fits 15 - 48 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT PEMBROKE COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cano Dental
- Health Care
- 73
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Five Below
- Dollar/Variety/Thrift
- 2,383
- National
- LA Fitness
- Fitness
- 944
- International
- Publix
- Supermarket
- 1,697
- National
- Ross Dress for Less
- Other Retail
- 2,192
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cano Dental | Health Care | 73 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Five Below | Dollar/Variety/Thrift | 2,383 | National |
| LA Fitness | Fitness | 944 | International |
| Publix | Supermarket | 1,697 | National |
| Ross Dress for Less | Other Retail | 2,192 | International |
PROPERTY FACTS
| Total Space Available | 6,000 SF | Total Land Area | 28.35 AC |
| Property Type | Retail | Year Built | 1991 |
| Gross Leasable Area | 306,071 SF | Parking Ratio | 5.11/1,000 SF |
| Total Space Available | 6,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 306,071 SF |
| Total Land Area | 28.35 AC |
| Year Built | 1991 |
| Parking Ratio | 5.11/1,000 SF |
FEATURES AND AMENITIES
- Banking
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
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Pembroke Commons | 700 N University Dr
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