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Outparcel to Turtle Crossing | Coral Springs 5810-5816 Wiles Rd 6,062 SF 100% Leased Retail Building Coral Springs, FL 33067 $4,700,000 ($775.32/SF) 5.75% Cap Rate



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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
PDS Health originated in 1994 as Pacific Dental Services in Southern California and became PDS Health in 2024. The company supports a nationwide network of dental and medical practices through business services and technology integration. PDS Health's model connects oral and systemic health using shared electronic records. The organization operates three divisions: Dental (general and specialty practices), Medical (primary care integration), and Technologies (healthcare IT solutions). PDS Health emphasizes preventive care through its Mouth-Body Connection approach and serves millions of patients annually through clinician partnerships focused on whole-person health.
- Crave Poke
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Health Care and Social Assistance | - | - | - | ||
| Crave Poke | Accommodation and Food Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
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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