TRANSACTION HIGHLIGHTS
Price: $4,080,147
CAP: 6%
Building: 9,490 SF
Lot Size: 43,675 SF
Address: 3451 – 3457 N University Drive, Sunrise
FA Commercial announces it represented the buyer in this $4M transaction of a NNN retail strip center, Shoppes Sunrise, located in densely populated Sunrise, FL. The investment property has a CAP Rate of 6% with 4 tenants: Sherwin Williams, At&t, Johnson, and Popular. The subject property sits on a 43,675 SF parcel with 9,490 rentable square feet, 100% Occupancy with all National Credit tenants with a long-term newly signed leases.
About FA Commercial
FA Commercial is a specialized team led by Fabio Faerman. The team focuses on investment sales, landlord representation, and tenant representation. We capitalize on opportunities and provide clients with strategies for their real estate properties with a distinctive approach. Fabio Faerman is the director of the commercial division at Fortune International Realty. He has been the top producer for Fortune 9 years in a row. Since 2002, FA Commercial has sold and leased over $1 billion in assets across South Florida.