754-354-3883
4690 N State Road 7, Coconut Creek, FL for Sale
Storefront Retail/Office - FOR SALE
1/18
null | Request Cap Rate

4690 N State Road 7
Coconut Creek, FL 33073


HIGHLIGHTS

  • The Village Shoppes of Coconut Creek offers a rare opportunity to acquire a 48,000-square-foot asset at one of the area’s busiest intersections.
  • At the signalized intersection of State Road 7 and Wiles Road, the property enjoys unmatched visibility with daily exposure to over 80,000 vehicles.
  • Shadow-anchored by a high-traffic Chick-fil-A, the center draws consistent foot traffic and benefits from conveniently shared ingress/egress.
  • This eco-friendly property features extensive landscaping, providing a vibrant, aesthetically pleasing environment for retail and office tenants.
  • With 243 parking spaces and close to national tenants such as The Home Depot, Super Target, and Walgreens, the center thrives in a high-demand area.
  • Near affluent neighborhoods with an average household income of $118,366, the property benefits from a strong consumer base and a growing economy.

OVERVIEW

The Village Shoppes of Coconut Creek at 4690 N State Road 7 offers the opportunity to acquire a premier commercial asset in one of the city's busiest and most dynamic areas. This sale encompasses the center's main building, which spans approximately 48,000 square feet, with 5,885 square feet of second-story office or additional retail space. At the signalized intersection of State Road 7 and Wiles Road, the property enjoys unparalleled visibility and daily exposure to over 80,000 vehicles. Shadow-anchored by a high-traffic Chick-fil-A, The Village Shoppes of Coconut Creek benefits from shared ingress/egress and drawing consistent foot traffic. This eco-friendly development features extensive landscaping and decorative vegetation, creating a vibrant, aesthetically pleasing shopping environment. With 243 parking spaces, tenants enjoy ample parking and ease of access. The center offers a strong retail and office presence, surrounded by local, regional, and national tenants such as The Home Depot, Super Target, and Walgreens. Additionally, the center is conveniently located just down the road from Monarch High School, a 2,344-student campus, increasing exposure to faculty, students, and parents. Coconut Creek is recognized as one of the Best Cities to Live in America by Money Magazine and a Top 10 Place to Live in Florida by Movoto and NerdWallet, further enhancing the appeal of this property. The surrounding area boasts strong economic demographics, with an average household income of $118,366 per year and average home values nearing $450,000 within a 1-mile radius. Additionally, the area generates $4.2 billion in annual consumer spending within a 5-mile radius. This level of spending suggests a solid consumer base with substantial disposable income, which is a crucial indicator of economic health in the area. The Village Shoppes of Coconut Creek offers all the elements for a successful business, with the City of Coconut Creek's development strategy focused on creating purposeful, sustainable spaces. For more information, including a financial overview, please review the Offering Memorandum in the Data Room.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Shoppes of Coconut Creek

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

243

LAND DETAILS

LAND ACRES

4.1 AC

LAND SF

178,596 SF

ZONING

PCD

APN/PARCEL ID

48-42-18-15-0010

ASK ABOUT THIS PROPERTY

Milton MeklerMiami ManagerMore Info
754-354-3883

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Milton MeklerMiami ManagerMore Info
754-354-3883

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.