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Coral Ridge Shops

Summary
  • Listing Price: $3,200,000
  • CAP Rate Current: 6.35%
  • Rentable Sq Ft: 7,700 SF
  • Lot Size: 18,780 SF (0.43 Acres)
  • Approx Year Built: 1988 | Renovated*: 2020
  • Price Per Sq Ft: $415.58
Investment Highlights
  • Recently Signed Two New 10-Year Leases
  • Now 100% Occupied
  • Located One Block Away From The Coral Ridge Mall (400,000+ SF)
  • Excellent Visibility and Frontage Along N Federal Highway
  • Average Daily Traffic Counts Exceed 48,000 Vehicles Per Day On N Federal Highway
  • Population Exceeds 280,000 People Within A 5 Mile Radius
  • Average Household Income In The 33308 Zip Code Is In Excess of $115,000

*Property is Expected to be Renovated in 2020