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5810-5816 Wiles Rd
Coral Springs, FL 33067
Outparcel to Turtle Crossing | Coral Springs · Retail Property For Sale
Investment Highlights
- Two-Tenant NNN Retail Investment; Pad to Turtle Crossing (4.5 Million Annual Visits, Placer.ai), Anchored by Super Target
- Crave Poke Co: 2.5% annual increases (next increase is April 2027) during the initial term and each of the two 5-year options
- Strong Retail Corridor: The property is located across from Coconut Creek Plaza, a Home Depot-anchored center, and one block from Walmart Supercenter
- Corporate PDS Health: 10-year initial lease term
- Irreplaceable Signalized Hard-Corner Signalized Intersection with Outstanding Exposure to 81,000 CPD
- Dense, Affluent, High-Growth Demographics: 376,900 people within a 5-mile radius and AHHI’s of $133,000 within a 1-mile radius
Executive Summary
100% Occupied 2-Tenant Pad | Irreplaceable Hard-Corner Signalized Intersection (81,000 CPD) | Miami-Fort Lauderdale-West Palm Beach MSA (6.5M People)
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,062 SF
Building Class
B
Year Built
2017
Price
$4,700,000
Price Per SF
$775.32
Cap Rate
5.75%
NOI
$270,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.26 AC
Zoning
B-2
Frontage
85’ on Wiles Road
Property Taxes
| Parcel Number | 48-41-13-01-2641 | Improvements Assessment | $1,665,580 |
| Land Assessment | $1,100,100 | Total Assessment | $2,765,680 |
Property Taxes
Parcel Number
48-41-13-01-2641
Land Assessment
$1,100,100
Improvements Assessment
$1,665,580
Total Assessment
$2,765,680
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