617-797-7747
710 N University Dr, Coral Springs, FL for Sale
Freestanding - FOR SALE
1/16
null | Request Cap Rate

710 N University Dr
Coral Springs, FL 33071


HIGHLIGHTS

  • Absolute NNN Lease
  • Excellent Store Sales
  • Cross access with Atlantic Crossings Center
  • Nearby Retailer's: Home Depot, Whole Foods Market, Dick's Sporting Goods & Sam's Club

OVERVIEW

Relocation of a successful unit with over 5 years remaining on the lease. Lease Type: NNN with no landlord responsibilities. Tax Benefit: There is no state capital gains tax in Florida. Location: This unit is situated in a prime area within the top retail corridor of Coral Springs, directly across from Coral Square Mall, which features major retailers such as Macy’s, JC Penney, Old Navy, and Kohl’s, all owned by Simon Properties. Surrounding Amenities:This unit is an outparcel of a center that includes Whole Foods, Home Depot, and Sam’s Club. Nearby retailers include Dick’s Sporting Goods, Walmart, Publix, TJ Maxx, and Best Buy. Traffic & Demographics: The average daily traffic (ADT) at the intersection of University Drive is 48,000 vehicles, while Atlantic Boulevard sees 35,000 vehicles. Additionally, there are 48,000 daytime employees within a 3-mile radius.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

B-3

APN/PARCEL ID

48-41-28-03-6188

ASK ABOUT THIS PROPERTY

Tom Godino Sr.Godino & Company, Inc.More Info
617-797-7747

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Tom Godino Sr.Godino & Company, Inc.More Info
617-797-7747

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