Retail•Street Retail•For Sale
11300 Wiles Road, Coral Springs, Florida 33076
The investment consists of an "almost absolute" NNN Sherwin-Williams with 6+ years on first term remaining plus 3 x 5-year options, PLUS contiguous modified gross leased F45 franchise fitness studio, both in a single tax parcel end-cap in the Wiles Business Center Condominium. It is located in affluent suburban Coral Springs, Florida across from a new Costco in the Wiles Road commercial and business-to-business corridor.
Affluent Suburban Coral Springs - Parkland area, across from new Costco in the Wiles Road commercial corridor - Wiles Business Center Condominium endcap.
- NNN Sherwin-Williams with 6+ years on original term plus 3 x 5 year options.
- Affluent suburban Coral Springs and Parkland residential center.
- Well-established specialty retail corridor with new Costco across the street.
- Sherwin Williams is "Almost-Absolute" NNN with newer buildout and mostly association-managed CapX maintenance.
- PLUS a contiguous recently built-out F45 Training fitness franchise in an area of heavy fitness activity.
- Seller will finance a small amount: $500,000 @7% for three years.
10/14/2019 2:33:47 PM
1/20/2020 6:30:15 PM