The Plaza at Royal Palm is a recently renovated shopping center showcasing 123,063 square feet of vibrant, mixed-use, multi-tenant space. Under new ownership that is committed to enhancing the property, significant capital improvements have been made to modernize the facility, ensuring it appeals to tenants and visitors.
The plaza features a diverse mix of tenants, including retail shops, a bank, restaurants, a grocery store, a school, and medical facilities, creating a dynamic hub for the community. Current availability offers dynamic spaces for small shops and the potential to secure the second-largest on-site space for strategic backfilling with a strong credit tenant.
Situated in a high-traffic area that connects three major markets, the plaza boasts excellent exposure and accessibility, complemented by ample surface parking and three convenient entry points. Its prime location along Royal Palm Boulevard benefits from impressive traffic counts exceeding 27,500 vehicles daily and is just 3 miles from the Sawgrass Expressway ramp. Moreover, the plaza is close to Mullin's Park, a beloved local destination offering a range of sports and recreational activities, enhancing its exposure to the local community.
Coral Springs, recognized as one of the 100 Best Places to Live in the United States by Money Magazine, is an ideal place to do business. Robust demographics showcase an average household income of $101,832 per year within a mile radius, projected to reach $116,489 by 2027, defining a unique opportunity for growth. Its location is less than a mile from national retailers like Trader Joe's, Barnes & Noble, and Dick's Sporting Goods, further solidifying its position as a fundamental retail destination. The Plaza at Royal Palm presents a unique opportunity for tenants seeking space in a vibrant, well-maintained shopping center with committed ownership dedicated to elevating the tenant experience and enhancing the property's overall value.