CVS pharmacy 3915 W Commercial Blvd 13,538 SF Retail Building Tamarac, FL 33309 $7,900,000 ($583.54/SF) 6.21% Cap Rate

Operating, high volume CVS drugstore located on the Northeast corner of W. Commercial Blvd and US 441/SR7 in Tamarac, Fl. CVS just notified the Landlord that they are exercising their secon of 4-5 year options effective 12/9/2024. This is a major intersection in NW Broward County with average daily traffic counts exceeding 93,000 cars per day at the intersection. The property is less than 1 mile east of a full interchange with the Florida Turnpike and 3.5 miles west of I-95. There is a major shopping center consisting of 245,000 SF directly across from this property (Publix/Marshalls/Crunch Fitness); and several hotels and large office and industrial parks in the vicinity. In addition there are nearly 200,000 people living within a 3 mile radius of the property with Average Annual Incomes of $82,000 per year.