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Coral Springs Gas Station Investment

7380 Wiles Rd Coral Springs, FL 33067

7380 Wiles Rd, Coral Springs, FL, 33067
$4,300,000
For Sale
$4,300,000

7380 Wiles Rd. - Gas Station

Property Size2,898 SF
Lot Size0.92 Acres
Price / SF$1,483
Days on Market216

Property Features for 7380 Wiles Rd

General Information

Standard status
Active
Property type
Gas stations, Storefront properties, Mixed-use properties, Automotive properties, Individual retail properties
Size
2,898 SF
Lot size
0.92 Acres
Occupancy
100%
Investment Type
Owner User

Building Details

Buildings
2
Listing Office
Listed by Chris · License #0681892
Added: Dec 16, 2025 Updated: Mar 16 at 9:06 am

Investment Insights

Based on property information with market context.

This 0.90-acre corner lot property is a free-standing service station located at a signalized, high-traffic intersection in Coral Springs, Florida. The property features over 200 feet of frontage on Wiles Road. The retail building offers approximately 2,898 square feet of retail space, suitable for a convenience store or quick-service restaurant. The B-3 Commercial Zoning allows for continued fuel and convenience operations or repositioning for auto-service, drive-thru retail, or medical/commercial use, subject to city approval. The location benefits from average daily traffic in the range of 27,500 to 35,404 vehicles per day. The property offers expansion opportunities for high-profit ancillary services, such as a drive-thru car wash, a dedicated quick-lube bay, or expansion of the c-store to add a food service franchise. There is immediate potential to increase revenue streams by adding consumer services. This asset is located in Broward County, with a median household income approaching $95,000.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $489.6k $168.96
− Vacancy −$28.4k −$9.80
EGI $461.2k $159.16
− OpEx −$115.3k −$39.79
NOI $345.9k $119.37
2,898 SF · lease $168.96/SF/yr · vacancy 5.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$4.94M
$4.32M – $5.77M (±1% cap)
NOI $345,935 @ 7.0% cap · market cap 8.05%
Second Best
Retail
$4.61M
$4.04M – $5.38M (±1% cap)
NOI $322,873 @ 7.0% cap · market cap 7.51%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Parking Lot & Garage Auto Parts Store Auto Repair Shop Storage Facility Plumbing Service Dental Office Furniture & Home Goods Bakery Building Supply Catering Service

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

FAQs

What type of property is this?
Gas station - 7380 Wiles Rd. - Gas Station
Where is this gas station located?
The property is located at 7380 Wiles Rd Coral Springs, FL.
What is the asking price?
The asking price for this property is $4,300,000.
Contact an agent
More about this property
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