1019 Lyons Rd - Supermarket FOR SALE
Coconut Creek, FL 33063 |
$14,795,000 USD
561-427-6699
1019 Lyons Rd
Coconut Creek, FL 33063
HIGHLIGHTS
- Rare 20-Year Net Lease to leading organic grocer in the Miami MSA
- Uniquely Passive Ownership-POA Manager maintains premises outside of building envelope making this a more passive investment compared to similar deals
- Strategically located at regional intersection (58,000 VPD) across from Wynmoor Village (9,000 residents), Broward College, Atlantic Technical College
- 135,000 people with an AHHI of over $85,000 live within 3 miles
- Newly constructed prototype with 20-year roof warranty
- Fee simple ownership allows for depreciation of the building boosting after tax returns
FOR SALE DETAILS
PRICE
$14,795,000 USD
PRICE/SF
$636 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sprouts Farmers Market | Rare 20-YR Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Drug Store, Freestanding, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.92 AC
LAND SF
127,195 SF
ZONING
-
APN/PARCEL ID
48-42-31-33-0040
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561-427-6699
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561-427-6699
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