Shopping Community
Aldi and CVS
645 N University Dr, Coral Springs, FL 33071
Listing Price: $11,300,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 2 tenant retail property located in a high income, high density suburb of South Florida. Occupied by Aldi and CVS, the property is well positioned on the hard corner of a major intersection with average daily traffic counts exceeding 75,000.
CVS has occupied the property on a corporately guaranteed ground lease since 2001. Aldi recently opened this location having signed a 15 year lease for their building which was completely renovated in 2023 including a new roof.
This sale offers an investor the opportunity to purchase an extremely well located property in the desirable South Florida market occupied by high credit tenants.
Exclusively Listed By
Listing Price: $11,300,000
Investment Highlights
- Two High Credit Tenant Investment in Desirable South Florida
- New Fifteen Year Aldi Lease
- Densely Populated Area with a Daytime Population of 19,655 People in a One Mile Radius and 367,447 People Living within 5 Miles of the Property
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 2 tenant retail property located in a high income, high density suburb of South Florida. Occupied by Aldi and CVS, the property is well positioned on the hard corner of a major intersection with average daily traffic counts exceeding 75,000. CVS has occupied the property on a corporately guaranteed ground lease since 2001. Aldi recently opened this location having signed a 15 year lease for their building which was completely renovated in 2023 including a new roof. This sale offers an investor the opportunity to purchase an extremely well located property in the desirable South Florida market occupied by high credit tenants.
Exclusively Listed By
