CORAL SPRINGS, FLORIDA

 

 UNIVERSITY DRIVE (CITY CENTER)

 

COMMERCIAL RE-DEVELOPMENT              OPPORTUNITY AVAILABLE FOR

GROUND LEASE OR BUILD-TO-SUIT

Premier Re-Development         Opportunity of 2 Acres of the Most Prime Commercial

Frontage to be Available in Years…and for Years to Come.

 

 

For More Information Call:

 

TIMOTHY D. CROSS, CCIM, SIOR

Syndicon Properties, Inc., Realtors

(Owner and Agent)

954-752-3940

tcross@syndicon.com

Property Highlights

 

· Centrally located on the NE corner of University Drive and NW 25th Court midway between Sample Road and Royal Palm Boulevard. There is no more Downtown location.

 

· 2.0 Acres with 200’ of frontage on University Drive

 

· Superior existing banking deposit base within the trade area

 

· Excellent visibility with an average traffic count of 43,500 Daily Annual Average

 

· Next to Coral Springs Downtown (Mainstreet), a re-development project of potentially 3 million square feet of office, retail and 1000 + residential units.

 

· Upscale area with outstanding demographics

 

NOTE: This offering subject to errors, omissions, prior sale or withdrawal without notice.

Text Box: UNIVERSITY DRIVE

SAMPLE ROAD

ROYAL PALM BLVD.

Offices and Deposits of all FDIC—Insured Institutions

DEPOSITS as of June 30, 2007

Bank Charter Class:

   N– National Bank, SM– Federal Reserve Member, NM– Federal Reserve Nonmember, SA– Savings Association

*Information Obtained from FDIC– Deposit Market Share Report

Area Demographics—2007

1 MILE

3 MILE

5 MILE

2007 Population

22,526

164,467

338,186

2007 Median Household Average

Income

$68,572

$84,260

$80,574

2007 Median Home Value

$305,438

$339,695

$277,695

Median Age

36.1

37.8

39.6

2007 Housing Units

8568

58,474

126,115

Owner Occupied

55%

66.4%

68.7%

Institution Name

Bank Class

Number of Offices

Deposits ($000)

Amtrust Bank

SA

1

539,446

Bank of America NA

N

4

319,853

Wachovia Bank National ASSN

N

3

267,762

World Savings Bank FSB

SA

1

236,127

Bank United FSB

SA

2

133,071

Citibank National ASSN

N

1

127,846

Washington Mutual Bank

SA

1

89,091

Colonial Bank ASSN

N

2

62,605

First Southern Bank

SM

1

53,948

Community Bank of

Broward

NM

1

49,570

Suntrust Bank

SM

1

44,229

Regions Bank

SM

1

39,135

BankAtlantic

SA

1

16,244

Stonegate Bank

NM

1

411

Number of Institutions in the Market

 

21

1,979,338