9891-9899 W Sample Rd - Storefront Retail/Office FOR SALE


Coral Springs, FL 33065- Outer Coral Springs
$2,700,000 USD
305-934-6257
9891-9899 W Sample Rd, Coral Springs, FL for Sale
$2,700,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

9891-9899 W Sample Rd
Coral Springs, FL 33065
Outer Coral Springs


HIGHLIGHTS

  • Situated on W. Sample Rd, the key commercial artery in Coral Springs.
  • Has 16 private parking spaces to the front, as well as city provided non-metered parking in the adjacent common area.
  • Seven long-term tenants on below market month to month leases.

OVERVIEW

This eight unit 8436 SF retail strip center building fronts the vibrant key commercial artery of Coral Springs; West Sample Rd. Seven current long term tenants are on month to month leases at below market rates affording new ownership an exceptional opportunity for immediate income enhancement. Vacancy rates in the local trading area are below 4%. Renovations have been done periodically with a new roof replacement done in 2019. There are 16 private parking spaces in front of this property with additional city provided non metered common area parking to the front, as well.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

CROSS STREETS

NW 99th Way

LAND ACRES

0.61 AC

LAND SF

26,733 SF

ZONING

B-2

APN/PARCEL ID

48-41-16-04-0011

ASK ABOUT THIS PROPERTY

Peter CutlerEWM RealtorsMore Info
305-934-6257

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Peter CutlerEWM RealtorsMore Info
305-934-6257

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