Shopping Strip

Wiles Road Plaza

Listing Price: $2,450,000

Cap Rate
5.79%
Gross SF
7,315
Rentable SF
7,315
Price/Gross SF
$334.93
Lot Size
0.17 acres
Year Built
1990

Investment Overview

Marcus & Millichap is pleased to be appointed as the Exclusive Advisor for the sale of Wiles Plaza, a 2 tenant Retail Property located in Coral Springs, FL. Wiles Plaza is 7,315 square feet and consists of a Corporate Sherwin Williams and an F45 Fitness. The property is situated directly along Wiles Road, which is an East/West thoroughfare with over 21,534 average daily traffic count and bordered by Coral Ridge Drive and Coral Springs Drive to the West and to the East, respectively. Wiles Plaza serves a dense, affluent demographic with a surrounding 3-mile radius population of over 100,000 residents and an average house-hold income of $113,384.00, which is above the national average.

Investment Highlights

  • 2 Tenant Retail Property Located in Coral Springs, FL.
  • Corporate Sherwin Williams and F45 Fitness
  • Sherwin Williams has 5+ Years Remaining on 10yr Base Term with Four - 5 Year Options
  • Direct Frontage Along Highly Trafficked Wiles Road
  • Located in the Affluent Coral Springs Market just Minutes South of Parkland
  • Surrounding Area Retails Include Costco, Publix, CVS and 7-11 to name a few

Exclusively Listed By

Listing Price: $2,450,000

Cap Rate
5.79%
Gross SF
7,315
Rentable SF
7,315
Price/Gross SF
$334.93
Lot Size
0.17 acres
Year Built
1990

Investment Highlights

  • 2 Tenant Retail Property Located in Coral Springs, FL.
  • Corporate Sherwin Williams and F45 Fitness
  • Sherwin Williams has 5+ Years Remaining on 10yr Base Term with Four - 5 Year Options
  • Direct Frontage Along Highly Trafficked Wiles Road
  • Located in the Affluent Coral Springs Market just Minutes South of Parkland
  • Surrounding Area Retails Include Costco, Publix, CVS and 7-11 to name a few

Investment Overview

Marcus & Millichap is pleased to be appointed as the Exclusive Advisor for the sale of Wiles Plaza, a 2 tenant Retail Property located in Coral Springs, FL. Wiles Plaza is 7,315 square feet and consists of a Corporate Sherwin Williams and an F45 Fitness. The property is situated directly along Wiles Road, which is an East/West thoroughfare with over 21,534 average daily traffic count and bordered by Coral Ridge Drive and Coral Springs Drive to the West and to the East, respectively. Wiles Plaza serves a dense, affluent demographic with a surrounding 3-mile radius population of over 100,000 residents and an average house-hold income of $113,384.00, which is above the national average.

Exclusively Listed By

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