1019 Lyons Rd - Supermarket FOR SALE
Coconut Creek, FL 33063 |
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
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CAP RATE
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% LEASED
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TENANCY
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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
23256
STORIES
1
YEAR BUILT
2025
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
48-42-31-33-0040
