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750-950 N University Dr
Coral Springs, FL 33071
Atlantic Crossing · Retail Property For Sale
Investment Highlights
- Dense, infill South Florida submarket with $100k+ average household income
- Greater than 22-year weighted average tenure of tenants - Home Depot, Whole Foods, LensCrafters, and Pak Mail have been tenants since the 1990's
- Generational asset on 18.65 acres that can be acquired for approximately half of replacement cost
- Investment grade & creditworthy tenant mix - Whole Foods, Home Depot, and LensCrafters account for 70% of EGI and 82% of GLA
- Recent Lease Extensions: Whole Foods extended for 15-years and committed to store remodel. LensCrafters & Pak Mail just renewed.
- Grocery anchored & convenience-oriented tenant mix - Tenants are internet/e-commerce resilient
Property Facts
Property Type
Building Size
173,680 SF
Building Class
B
Year Built
1994
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.21
Lot Size
18.78 AC
Zoning
B-3 - Heavy Commercial/Light Industrial
Parking
729 Spaces (3.98 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $18,169,220 | |
| Land Assessment | $11,837,650 | Total Assessment | $30,006,870 |
Property Taxes
Parcel Numbers
Land Assessment
$11,837,650
Improvements Assessment
$18,169,220
Total Assessment
$30,006,870
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