$4,622,000
$4,695,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
9830 W Sample Rd Coral Springs, FL 33065
0.6 Acres Lot
Key Details
Sold Price $4,622,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Multi-Bay Retail Center
MLS Listing ID F10278086
Sold Date 06/08/21
Construction Status Resale
HOA Y/N No
Year Built 1974
Annual Tax Amount $65,007
Tax Year 2020
Lot Size 0.600 Acres
Property Description
This 26,115 SF, 18 bay center offers an annual NOI of $379,155 that equals an 8% cap rate at list price. Located in downtown Coral Springs blocks from the new Cornerstone Plaza development in an area that has a high occupancy rate and long-term stable tenants. Fantastic exposure with 39,000 daily traffic count keeps businesses thriving. Three adjoining parcels comprise 9830-9880 W Sample Road. Two buildings have new Carlisle roofs completed in 2020 cost in excess of $320,000 with 20 Year warranty. Abundant parking with 50 city spaces in front and 89 private spaces in rear (2 parking lots included in sale). Please don't disturb businesses – call for details.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning B2+RM20
Interior
Cooling Central Individual A/C
Exterior
Water Access N
Roof Type Other Roof,Tile Roof
Private Pool No
Building
Story 1.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Other Ownership
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition City Jurisdiction
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Bought with The Keyes Company