FULL OFFERING MEMORANDUM IS AVAILABLE WITH FINANCIALS.CURRENT CAP RATE IS 5.7% BUT PRO-FORMA OF 7.3% IS EASY TO REACH AS MAIN TENANT IS M TO M. PRICED WELL BELOW REPLACEMENT COST!This property has two retail storefronts in the front plus two office suites in the rear for a total of four units. It is located in affluent Coral Spring, FL, across the street from the new $38MM Coral Springs City Hall and a $168MM Cornerstone mixed-use development on the SW corner of Sample Road and University Drive. The building has a new roof. There are four modern (within the past six years) central AC units on the roof. The west side has three bathrooms and the east side has two.
Listing By Coldwell Banker Commercial NRT
Data Last Updated 10:25PM - 10/22/2021
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