3600 N University Dr, Hollywood, FL 33024

Monterra Commons is a newly constructed, multi-tenant retail strip center located at 3600 N University Drive in Cooper City, Florida. Built in 2024, the property totals approximately 18,448 square feet on 0.47 acres and is part of The Shoppes at Monterra Commons, a 5.3-acre professionally managed retail development. Positioned along one of Broward County’s strongest retail corridors, the center benefits from exceptional visibility and direct frontage on University Drive, with traffic counts exceeding 44,000 vehicles per day.

The property is currently 57% occupied and features a strong mix of essential service and lifestyle tenants, including Cali Coffee (with drive-thru), ISI Elite Training, Gyromania, Svaada, Pines Aesthetic Center, and Playa Bowls. The existing tenancy provides stable in-place income while offering significant upside through the lease-up of approximately 7,900 square feet of vacant space. The center’s modern construction, attractive storefront design, and multiple points of access enhance its long-term leasing appeal.

Monterra Commons is adjacent to the newly developed Residences at Monterra Commons, a luxury 55+ community consisting of 175 units, providing built-in consumer traffic. The surrounding retail corridor includes Target, Chick-fil-A, Home Depot, Aldi, First Watch, Culver’s, and The Learning Experience, reinforcing the area’s strong retail synergy. Within a one-mile radius, the property benefits from an average household income of approximately $99,749 and an average home value exceeding $409,000, underscoring the area’s affluent suburban demographics.

This offering presents a rare opportunity to acquire a newly delivered retail asset in a high-growth submarket with strong demographics, excellent visibility, and substantial upside potential through lease-up.

Monterra: Located in Cooper City, Florida, Monterra holds the distinction of being Cooper City’s largest, most recently constructed Guard Gated Community. Surrounded by the best dining, shopping, and entertainment in the area, everyone can find something to enjoy nearby. Residents can explore new dining options and find restaurants like Capriccio’s Ristorante, Las Vegas Cuban Cuisine, and Joe’s Pizza & Pasta. Monterra is located within a 5-minute drive from Publix Supermarket, Starbucks, Target, Home Depot, large shopping centers with everything you need, and a vast amount of entertainment options.

Cooper city MSA:  Located approximately fifteen miles southwest of Fort Lauderdale, Cooper City is one of the best places to live in Florida. Living in Cooper City offers residents a sparse suburban feel with lots of restaurants, coffee shops, and parks. With three elementary schools, one middle school and one high school, as well as several private and religious-affiliated schools, and an abundance of parks, recreational facilities, and programs for all ages, Cooper City has long been known as an excellent place to "grow families."

Robust and growing area:  This 8.5 square mile bedroom community has the fourth-highest median household income in Broward County. With an estimated population of 35,853, and growing. There's roughly a total of 142,111 households in a five-mile radius.

Unparalleled access to many attractions:  Heading roughly due east from Cooper City, beachgoers can take their pick of Fort Lauderdale's beaches, which extend northward, or Hollywood's beaches to the south. From Cooper City, Stirling Road or Griffin Road offer the most direct routes to nearby beaches. There are numerous parks and sports complexes in the city that offer great recreational activities. The parks have huge playgrounds ideal for children and the sports complexes have basketball, volleyball, and tennis courts. Forest Lake Park and the Ted Ferone Park are the perfect places to go on a picnic with family and friends.