University Pointe Downtown Davie

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University Pointe Downtown Davie

Address

4601 SW 64th Ave
Davie, FL 33314
(View Map)

Property Type: Office
Base Rent: $30/PSF NNN
Listing Status: Active

CONTACT INFO

Gary Broidis
Direct: 561-447-8610 Ext. 112
Cell: 561-703-9298
gary@atlanticcg.com

Alex Karas

Janoura Realty & Management Inc.
Direct: 954-721-9190
Cell: 954-304-3900
akaras@janourarealty.com

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Property Description

This newest development in Downtown Davie is ideally situated on the southeast corner of Griffin Road and Davie Road and directly fronting onto both roadways. This property features 250 student housing apartments with over 800 students in occupancy.

 Additionally, there are surface parking spaces as well as covered garage parking available for all tenants and customers/invitees for these premises.

 

Location Description

Located on the southeast corner of Griffin Road and Davie Road in Davie, FL. Griffin Road is one of the most traveled east-west roadways serving central Broward County. The immediately surrounding area is populated by a very diverse population of young people, families and retirees. This property attracts the dense populations of Davie, Cooper City, Fort Lauderdale, Hollywood and many other communities.

Additional Information Site Highlights Units Available Demos/Traffic
Shopping Center GLA: 44,000 SF
Operating Expenses: $9.50/PSF
Min. Divisible Space: 1,500 SF
Max. Contiguous Space: 1,500 SF
  • Tremendous Visibilty to Griffin Road and Davie Road
  • New Construction and First Generation Spaces
  • Generous Improvement Allowance to Qualified Tenants
  • Aggressive Lease Rates and Terms
  • Local Owner and Property Managers

Demographics

Traffic Counts

Recent News

Francesca’s files for bankruptcy; closing all stores

After 25 years of operations, Houston-based women's clothing and accessories chain Francesca's filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, with plans to close all approximately 400 stores across 45 states and liquidate. The filing came after a convergence of factors including a 2023 data breach, failed investments in non-core brands, supply chain disruptions after two major suppliers lost their own funding, and the failure of an anticipated capital infusion in December 2025. The company carries about $30.1 million in secured debt, with between $10 million and $50 million in consolidated assets and approximately 1,000 to 5,000 creditors, including landlords Simon Property Group and Tanger Properties listed among its top 30 unsecured creditors. This marks the second bankruptcy filing in six years for Francesca's, which was previously sold out of bankruptcy in January 2021 to an affiliate of private equity firm TerraMar Capital for $18 million.

What to watch in retail in 2026

Retail industry trends for 2026 include continued AI adoption for product research and customer service, value-seeking consumers driving traffic to discount retailers, and shopping malls experiencing a rebound with renewed investment in mixed-use projects. Mall foot traffic increased in 2025, with indoor malls seeing a 1.8% rise in visits and visit durations up 3.3% compared to the first half of 2024, as traditional retail shopping centers transform into destinations for entertainment and experiences. Industry executives remain optimistic, with 96% expecting revenue growth and 81% anticipating margin expansion in 2026, despite challenges including weakened consumer buying power, high interest rates, and competition from mass merchants and value retailers. Specialty retailers face particular vulnerability in 2026 as high interest rates, shifts toward online shopping, and aggressive competition from mass merchants are predicted to push overleveraged companies into bankruptcy.

Bain & Co.: U.S. retail sales to grow 3.5% in 2026

U.S. retail sales are projected to grow 3.5% year-over-year in 2026 to reach $5.3 trillion, slightly down from estimated 4.0% growth in 2025, according to Bain & Company's 2026 Global Retail Sales Outlook. Volume growth will remain modest with inflation projected between 2.6% and 3.0%, as mounting consumer strain and declining confidence affect spending amid economic uncertainty, rising unemployment, and slowing labor supply growth. Bain's Consumer Health Index found that sentiment among higher-income U.S. households, who account for more than half of retail spending, declined in January 2026. The report notes that shoppers increasingly gravitating toward lower-priced and private label goods could create a "flight to value" that tempers nominal sales growth, though reduced taxes, declining fuel prices, and potential interest rate cuts could bolster consumer sentiment and spending power.