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    5615 N University Dr Coral Springs, FL 33067

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    For Sale
    $5,951,495

    NNN leased 7-Eleven in Coral Springs, Florida.

    Property size:
    5,740 SF
    Lot size:
    1.27 Acres

    Property Features for 5615 N University Dr

    General Information

    Size
    5,740 SF
    Lot size
    1.27 Acres

    Source: NNN Pro Group Agent Russell Wachtler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Coral Springs 7-Eleven For Sale

    The property is a 7-Eleven located at 5615 North University Drive, Coral Springs, Florida. It features approximately 5740 rentable square feet of building space on an estimated 1.27-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease, which commenced on May 1, 2016. The current annual rent is $282,696, with scheduled increases of 10.00% every 5 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Parkland Farmer's Market, Target Grocery

    Location Insight

    • Map
    • Local Demand
    City
    Coral Springs
    County
    Broward
    State
    Florida
    Longitude
    -80.249893
    Latitude
    26.2988574

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased 7-Eleven in Coral Springs, Florida.
    Where is this grocery and convenience store located?
    The property is located at 5615 N University Dr Coral Springs, FL.
    What is the asking price?
    The asking price for this property is $5,951,495.
    What are key features of this property?
    This property features: - Located at 5615 North University Drive, Coral Springs, Florida 33067; - Tenant is 7-Eleven; - Features a 20-year Triple Net (NNN) lease commenced 5/1/2016
    (332) 345-2408
    Request Owner's contact information
    5615 N University Dr Coral Springs, FL 33067
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    Coral Springs, FL 33067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5615 N University Dr Coral Springs, FL 33067
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