22126 is aretail property for lease in Coral Springs, FL.
Strip Center 20,000+ square feet shopping center located in the beautiful city of Coral Springs, FL. With a huge upside potential, 7.92% market cap rate, this property is located in a beautiful and economically thriving market of Coral Springs, FL. The shopping center was built in the 70’s and has been fully renovated. The property features 20,000+ square feet situated on a 40,000+ square feet lot. The property boasts long term reputable tenants.
The property is located on a busy street boasting a 37,500 traffic count daily, ensuring the success of businesses on the property. Currently the property is 85% occupied. The new owner can significantly increase revenue by bringing tenants into the vacant spaces and bringing rents up to market as tenants are currently paying well below market rents.
(Br. # 22126)
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