Shopping Neighborhood
Turtle Run Shoppes
6221-6371 W Sample Rd, Coral Springs, FL 33067
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale Turtle Run Shoppes (the “Property”), a recently renovated, 80,000-square-foot retail plaza located in Coral Springs, Florida. The Property is a neighborhood retail plaza anchored by a Ross Dress for Less clothing store and a 3,500 square-foot, two-tenant outparcel occupied by Smoothie King and La Brasa. The Property is shadow anchored by a Burlington store, and there are two additional outparcels that are not included in the offering—a newly constructed Cumberland Farms and a Wendy’s restaurant, both of which drive significant traffic to the Property.
Turtle Run Shoppes is 93-percent occupied and offers a diverse mix of national, regional, government, and local tenants. The Property is situated on the signalized northwest corner of W Sample Road and Turtle Creek Drive, one block west of US-441, the premier intersection of the Turtle Run submarket of Coral Springs, with combined traffic counts of over 100,000 vehicles per day. The Property offers eight points of ingress and egress surrounding the plaza, and an expansive parking field, to provide ease of entry and accommodate heavy traffic.
Approximately 153,000 people live within a three-mile radius of Turtle Run Shoppes with an average household income of over $85,000. The Turtle Run area has consistently been a strong retail submarket, with vacancy rates currently just over three percent, and offers a vast array of national retailers including Best Buy, ALDI, Publix, Super Target, Lowes, Home Depot, Walmart Supercenter and Winn-Dixie. Turtle Run Shoppes is also within walking distance of one of South Florida’s premier attractions—Seminole Casino Coconut Creek—the market’s most fully integrated and upscale casino experience featuring nearly 2,000 slot machines, table games, a concert venue and auditorium, and world class dining options.
Turtle Run Shoppes
Investment Highlights
- Located at the Signalized Intersection of W Sample Road and Turtle Creek Drive, One Block West of US-441, Turtle Run's Premier Intersection, with Combined Traffic Counts of Over 100,000 Vehicles/Day.
- WALT of over 4.5 Years, with Only 7.5 Percent of the Current Tenancy Rolling in the Next Three Years.
- Recently Renovated Retail Plaza with Clean, Modern Facades and Accents; and Newly Built Outparcel.
- Access to Major Expressways and Interstates Within Just Minutes, and Eight Access Points to the Property Make for Ultimate Convenience.
- Strong Demographics with a Population of 153,000 Within a 3-Mile Radius and Average Annual Household Income of Over $85,000.
- Current Occupancy of 93 Percent Provides Stable Cash Flow for an Investor, While Below-Market Rental Rates Offer Upside as Tenants Begin to Roll.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Located at the Signalized Intersection of W Sample Road and Turtle Creek Drive, One Block West of US-441, Turtle Run's Premier Intersection, with Combined Traffic Counts of Over 100,000 Vehicles/Day.
- WALT of over 4.5 Years, with Only 7.5 Percent of the Current Tenancy Rolling in the Next Three Years.
- Recently Renovated Retail Plaza with Clean, Modern Facades and Accents; and Newly Built Outparcel.
- Access to Major Expressways and Interstates Within Just Minutes, and Eight Access Points to the Property Make for Ultimate Convenience.
- Strong Demographics with a Population of 153,000 Within a 3-Mile Radius and Average Annual Household Income of Over $85,000.
- Current Occupancy of 93 Percent Provides Stable Cash Flow for an Investor, While Below-Market Rental Rates Offer Upside as Tenants Begin to Roll.
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present for sale Turtle Run Shoppes (the “Property”), a recently renovated, 80,000-square-foot retail plaza located in Coral Springs, Florida. The Property is a neighborhood retail plaza anchored by a Ross Dress for Less clothing store and a 3,500 square-foot, two-tenant outparcel occupied by Smoothie King and La Brasa. The Property is shadow anchored by a Burlington store, and there are two additional outparcels that are not included in the offering—a newly constructed Cumberland Farms and a Wendy’s restaurant, both of which drive significant traffic to the Property. Turtle Run Shoppes is 93-percent occupied and offers a diverse mix of national, regional, government, and local tenants. The Property is situated on the signalized northwest corner of W Sample Road and Turtle Creek Drive, one block west of US-441, the premier intersection of the Turtle Run submarket of Coral Springs, with combined traffic counts of over 100,000 vehicles per day. The Property offers eight points of ingress and egress surrounding the plaza, and an expansive parking field, to provide ease of entry and accommodate heavy traffic. Approximately 153,000 people live within a three-mile radius of Turtle Run Shoppes with an average household income of over $85,000. The Turtle Run area has consistently been a strong retail submarket, with vacancy rates currently just over three percent, and offers a vast array of national retailers including Best Buy, ALDI, Publix, Super Target, Lowes, Home Depot, Walmart Supercenter and Winn-Dixie. Turtle Run Shoppes is also within walking distance of one of South Florida’s premier attractions—Seminole Casino Coconut Creek—the market’s most fully integrated and upscale casino experience featuring nearly 2,000 slot machines, table games, a concert venue and auditorium, and world class dining options.
Exclusively Listed By
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