The primary reason Current Capital Real Estate Group was attracted to a '90s-era Pembroke Pines shopping center and its 150,000 square feet of retail was its location.

The University Marketplace plaza — a gem for investors looking to join a flurry of real estate activity in the Broward County suburb — sits on the corner of two busy thoroughfares at University Drive and Pines Boulevard.

It's been home to the Cafe Iguana Pines nightclub for nearly two decades and is nearly 100 percent occupied.