Property Listing No Longer Available for Sale

8031 W sample Road, Coral Springs, FL

Retail for Sale - $3,499,000 - 19,070 Sq. Ft. on 0.64 acres


Property Info

CIMLS#1074980
Location
  8031 W sample Road
  Coral Springs FL 33065
UpdatedJanuary 25th, 2021
TypeRetail
Price$3,499,000
Building19,070 Sq. Ft.
Land0.64 acres

Property Description

NO Delinquencies during mandatory shut down!

Strong stable long term tenants in a incredibly well kept multi bay strip.

Above average annual rent increases.

Building is easy to maintain and has very low operating expenses! 40 year recertification passed recently.

Approximately 19,000 sqft split into 9 units with 200 feet of frontage on Sample Road.

Impressive demographics with a large population in a 1-5 mile radius. Many schools, religious institutions, and recreational areas.

Numerous groceries and national retailers surrounding the property.

4 miles from Sawgrass Expressway and Florida Turnpike.


Financials

NOI $245,914

Cap 7.03%



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