PROPERTY DESCRIPTION

NEW LISTING!

Excellent investment opportunity - Verizon Long-Term Absolute NNN Lease in a dominant location of a top retail corridor of Coral Springs.

Relocation of a successful unit with over 5 years remaining on the lease.

Lease Type: NNN with no landlord responsibilities.

Tax Benefit: There is no state capital gains tax in Florida.

Location: This unit is situated in a prime area within the top retail corridor of Coral Springs, directly across from Coral Square Mall, which features major retailers such as Macy’s, JC Penney, Old Navy, and Kohl’s, all owned by Simon Properties.

Surrounding Amenities:This unit is an outparcel of a center that includes Whole Foods, Home Depot, and Sam’s Club. Nearby retailers include Dick’s Sporting Goods, Walmart, Publix, TJ Maxx, and Best Buy.

Traffic & Demographics: The average daily traffic (ADT) at the intersection of University Drive is 48,000 vehicles, while Atlantic Boulevard sees 35,000 vehicles. Additionally, there are 48,000 daytime employees within a 3-mile radius.