Two-Tenant Shopping
For Sale
Contact for pricing
645 N University Dr, Coral Springs, FL 33071
Aldi and CVS occupy the property, including a renovated grocery building and a corporately guaranteed CVS ground lease.
Property SizeContact for details
Days on Market144
Property Features for 645 N University Dr
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Aldi, CVS
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(954) 849-7522
Listed By:
Lori Schneider · License #NC LC152
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
The offering comprises the fee simple interest in a two-tenant retail shopping center occupied by Aldi and CVS. Aldi’s building underwent a complete renovation in 2023, including installation of a new roof. CVS operates under a corporate-guaranteed ground lease that began in 2001, while Aldi recently opened at the property under a 15-year lease.
The center is positioned at the hard corner of a major intersection at 645 N University Dr in Coral Springs, Florida. Average daily traffic exceeds 75,000 vehicles, and the property is located in a high-income, high-density South Florida suburb.
The center is positioned at the hard corner of a major intersection at 645 N University Dr in Coral Springs, Florida. Average daily traffic exceeds 75,000 vehicles, and the property is located in a high-income, high-density South Florida suburb.
Key Highlights
- Two‑tenant retail property occupied by Aldi and CVS
- Aldi building completely renovated in 2023 with a new roof
- Aldi signed a 15‑year lease for the building
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
173k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Apparel 23%
Dining 23%
Groceries 15%
BJ's Gas
Shops & Services
45,616 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
39,960 visits/mo
0.5 miles
McDonald's
Dining
29,698 visits/mo
0.2 miles
Aldi
Groceries
26,665 visits/mo
0.1 miles
Chase Bank
Shops & Services
14,088 visits/mo
0.3 miles
Demographics for 33071, FL
40,026
Population
14,184
Households
2.8
Avg Household Size
40
Median Age
43%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
5,337
Density / Sq Mi
$100,279
Median Household Income
$50,090
Median Earnings
$2,092
Median Rent
$537,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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- Sawgrass mill — 557 NW 87th Way, Coral Springs, FL 33071
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- Sunglass Hut at Macy's — 9129 W Atlantic Blvd, Coral Springs, FL 33071
- NYS COLLECTION Eyewear — 9469 W Atlantic Blvd, Coral Springs, FL 33071
Frequently Asked Questions
What type of property is this?
Shopping center - Aldi and CVS occupy the property, including a renovated grocery building and a corporately guaranteed CVS ground lease.
Where is this shopping center located?
The property is located at 645 N University Dr Coral Springs, FL.
What are key features of this property?
This property features: Two‑tenant retail property occupied by Aldi and CVS; Aldi building completely renovated in 2023 with a new roof; Aldi signed a 15‑year lease for the building
