Retail Strip Center on
For Sale
Contact for pricing
7891-8021 W SAMPLE RD, Coral Springs, FL 33065
Retail space for lease in Coral Springs, Florida.
Property Size27,000 SF
Price / SF$0.03
Days on Market188
Property Features for 7891-8021 W SAMPLE RD
General Information
Standard status
Active
Size
27,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$85,497
Building Details
Building Size
27,000 SF
Year Built
1993
Listing Agency:
Coldwell Banker
Listed By:
Janice Agudo · License #0321020
(954) 558-3251
Source:
Elliman
Added: Apr 24
Changed: Oct 25
Last Checked: Oct 26 at 4:23PM
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 Coldwell Banker
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail strip center is located in Coral Springs on Sample Road, east of University Drive and minutes from the Florida Turnpike. The property is situated in a walkable and bikeable area with some public transportation options. Retail space is available for lease, with each bay offering 1,080 square feet. Lease terms range from a minimum of three to five years, with additional options available.
Key Highlights
- Located in the heart of Coral Springs on busy Sample Road.
- Situated just east of University Dr.
- Minutes to the Florida Turnpike.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,325
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,500
$2.4M
Cap Rate 7%
$1,718,929
$1.7M
Cap Rate 9%
$1,336,944
$1.3M
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$182.5K $168.96/SF
− Vacancy
−$10.6K −$9.80/SF
EGI
$171.9K $159.16/SF
− OpEx
−$51.6K −$47.75/SF
NOI
$120.3K $111.41/SF
Area
Coral Springs, FL
Vacancy
5.80%
Lease Rate
$168.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,406,500
Cap Rate 7%
$1,718,929
Cap Rate 9%
$1,336,944
Alternative Uses
Best Use
Retail
$1.72M
$1.50M – $2.01M
NOI $120,325 @ 7.0% cap · market cap 364,621.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $128,920 @ 7.0% cap · market cap 390,666.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
3,390
Businesses Nearby
Explore this area
Business Placement
Demographics for 33065, FL
59,668
Population
21,416
Households
2.8
Avg Household Size
36
Median Age
31%
College-Educated
93%
High-School Grad
8.6 sq mi
ZIP Area
6,938
Density / Sq Mi
$70,435
Median Household Income
$36,255
Median Earnings
$1,833
Median Rent
$416,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Retail space for lease in Coral Springs, Florida.
Where is this strip mall located?
The property is located at 7891-8021 W SAMPLE RD Coral Springs, FL.
What are key features of this property?
This property features: Located in the heart of Coral Springs on busy Sample Road.; Situated just east of University Dr.; Minutes to the Florida Turnpike.
