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    9621 W Sample Road

    Coral Springs, FL 33065
    • $950,000
    • STATUS: Pending
    • ON SITE: 14 Days
    • ID#: RX-10750502
    Pending
    UPDATED: 41 min ago
    $950,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,619
      SQFT
    • $169
      $/SQFT
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    FULL OFFERING MEMORANDUM IS AVAILABLE WITH FINANCIALS.CURRENT CAP RATE IS 5.7% BUT PRO-FORMA OF 7.3% IS EASY TO REACH AS MAIN TENANT IS M TO M. PRICED WELL BELOW REPLACEMENT COST!This property has two retail storefronts in the front plus two office suites in the rear for a total of four units. It is located in affluent Coral Spring, FL, across the street from the new $38MM Coral Springs City Hall and a $168MM Cornerstone mixed-use development on the SW corner of Sample Road and University Drive. The building has a new roof. There are four modern (within the past six years) central AC units on the roof. The west side has three bathrooms and the east side has two.

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    www.thefabbrigroup.com/homes/122171300
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    9621 W Sample Road Coral Springs, FL 33065

    • Price: $950,000
    • Status: Pending
    • Updated: 41 min ago
    • ID#: RX-10750502
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,619
    SQFT
    $169
    $/SQFT
    1974
    Built
    Neighborhood:
    Coral Springs City Center Commercial Sec 1
    County:
    Broward
    Area:
    Coral Springs
    Property Description
    FULL OFFERING MEMORANDUM IS AVAILABLE WITH FINANCIALS.CURRENT CAP RATE IS 5.7% BUT PRO-FORMA OF 7.3% IS EASY TO REACH AS MAIN TENANT IS M TO M. PRICED WELL BELOW REPLACEMENT COST!This property has two retail storefronts in the front plus two office suites in the rear for a total of four units. It is located in affluent Coral Spring, FL, across the street from the new $38MM Coral Springs City Hall and a $168MM Cornerstone mixed-use development on the SW corner of Sample Road and University Drive. The building has a new roof. There are four modern (within the past six years) central AC units on the roof. The west side has three bathrooms and the east side has two.
    Exterior Features

    Roof Comp Rolled

    Interior Features

    Bath Toilets 5.00 Cooling Central Flooring CarpetTile Heating Central Percent Air Conditioned 100.00

    Property Features

    Available Docs None Available Info Copies Of LeaseInvestment Analysis Contingent Pending Contingents Inspection Fire Protection Smoke Detector For Lease No For Sale Yes Lease 1-3 YearsAnnual List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Possession At Closing Sale Includes Building And Land Tax Amount Real Estate Taxes 20774.20 Tax Year 2020 Tenant Pays CableElectricJanitorial Terms Considered CashConventional Type Of Building Office/ProfessionalOffice/RetailRetail Use IncomeRetail Utilities CableElectricMunicipal Water

    Listing provided courtesy of Coldwell Banker Commercial Nrt. Listing information © 2021 BeachesMLS
     
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