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7621 N State Road 7
Parkland, FL 33073
CVS/pharmacy · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,880 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.19 AC
Zoning
B-2
Parking
78 Spaces (6.05 Spaces per 1,000 SF Leased)
Frontage
158’ on N State Road 7
Amenities
- Bus Line
- Dedicated Turn Lane
- Signage
- Drive Thru
About 7621 N STATE ROAD 7 , PARKLAND, FL 33073
Marcus & Millichap is pleased to offer this CVS/pharmacy single-tenant absolute net leased property. 16+ years remain on the lease. There are ten 5-year renewal options. CVS is a very strong investment grade tenant with a S&P credit rating of BBB+. This 10,880 SF building was built in 2008 and the lot size is 2.19 acres. This CVS property is located in Parkland (Boca Raton), FL. The population in a 5-mil radius is 283,000 and is expected to continue growing. Boca Raton is one of the most affluent cities in the country. Outparcel to Waterways Shoppes. 1,500 new homes are being developed nearby. Vacancy for single-tenant retail properties in a 5-mile radius from this property is under 1%.
Property Taxes
| Parcel Number | 47-41-36-05-0013 | Improvements Assessment | $3,130,120 |
| Land Assessment | $1,432,740 | Total Assessment | $4,562,860 |
Property Taxes
Parcel Number
47-41-36-05-0013
Land Assessment
$1,432,740
Improvements Assessment
$3,130,120
Total Assessment
$4,562,860
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