info This space is no longer listed on Digsy
View other spaces in this property

or Browse more properties in Coral Springs

Available For Sale - Retail

5,740 SF | Show Pricing $

AVAILABILITY DETAILS

Size
5,740 SF
Price/SF
Show Pricing $
Listing ID
SA438187
Notes
Marcus & Millichap is pleased to present the opportunity to acquire a 7-Eleven convenience store and gas station in Coral Springs, Florida. This location has been operating as a 7-Eleven for more than 20 years showing that the tenant has a very strong commitment to the site. There is a new, 15-year, absolute triple net lease in place. The lease offers four, five-year renewal options with rent increases every five years throughout the base term and option periods.



The subject property is located directly off the exit and entrance ramps of Sawgrass Expressway which is a major roadway in the area and has a daily traffic count of more than 91,000 vehicles. This 7-Eleven is situated at the hard signalized intersection of University Drive and Westview Drive with a combined daily traffic count of 46,500 vehicles. The surrounding area has seen a lot of retail growth with national retailers including Walmart Neighborhood Market, Bed Bath & Beyond, Target, The Fresh Market, Marshalls, Office Depot, Youfit Health Club, Regal Magnolia Place, Ross, Chipotle, Starbucks, Dunkin Donuts, Anthony’s Coal Fired Pizza, McDonald’s, CVS and many more.



Located in Broward County, this 7-Eleven benefits from attractive demographics with over 275,000 residents in a five-mile radius, and the average household income in one-mile is nearly $145,000. Coral Springs was ranked third in Florida on the ‘100 Best Places to Live’ list by Money Magazine. With more than 1.9 million residents, the population of Broward County continues to grow at a pace well above the U.S. rate.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Barry Wolfe, Wolfe-Lipsky Retail Group of Marcus & Millichap