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7891 W Sample Rd, Coral Springs, FL 33065
0 Beds
0 Baths
n/a sqft

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Great investment and return opportunity, Busy Coral Spring Plaza with 400 ft fronting West Sample Rd. Located in the heart of Coral Springs surrounded by upscale residential area . Perfectly situated, just east of University Dr and minutes to the Florida turnpike. Two Buildings totaling 27,176 SQ FT. Property has had same ownership since originally developed.Located along high traffic corridor. Property with consistently strong base of Local Tenants. 100% occupied with long-term tenants. City maintains front landscaping, trash cleanup, parking and drive area. most leases provide for annual rent increases.Upside in rents for many of the suites. CAP rate 6.72.
  • Price:
  • $6,500,000
  • Acreage:
  • 1.20
  • Year Built:
  • 1993
  • Listing ID #:
  • A10671977
  • Street Address:
  • 7891 W Sample Rd
  • City:
  • Coral Springs
  • State:
  • Florida
  • Postal Code:
  • 33065
  • County:
  • Broward County
  • Listing Status:
  • Active
  • Building Security:
  • Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
  • Construction Type:
  • Cbs Construction, Insulated
  • Total # Of Buildings:
  • 2
  • Year Built:
  • 1993
  • Annual Insurance Expenses:
  • 20148
  • Annual Trash Expenses:
  • 18777
  • Business Type:
  • Retail Space, Shopping Center
  • Net Operating Income:
  • 376047
  • Operating Expense:
  • 185214
  • Existing Land Use:
  • Retail
  • Lot Features:
  • City Location
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 55502
  • Days On Market:
  • 315
  • Included In Sale:
  • Building & Land
  • Previous Listing Price:
  • 6000000
  • Terms:
  • All Cash, Conventional/Refinance
  • Property Taxes:
  • $81,144
  • Tax Year:
  • 2018
  • Tenant Pays:
  • A/C & Heating Maintenance, Electricity, Fire Liability Insurance, Trash Collection, Water
  • Parking Description:
  • Free Parking
  • Parking Spaces:
  • 114
  • Electricity:
  • 110 Volts Power
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing provided by Utg Real Estate
  • MIAMIRE

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