Listed by ParaSell Inc, Hanley Investment Group
$4,700,000
Outparcel to Turtle Crossing | Coral Springs, FL
Details
Property Type Retail
Square Footage 6,062
Net Rentable (SqFt) 6,062
Cap Rate 5.75%
NOI $270,401
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 2017
Acreage 1.260
Ground Lease No
100% Occupied 2-Tenant Pad | Irreplaceable Hard-Corner Signalized Intersection (81,000 CPD)
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://hanleyinvestmentgroup.com/listings/?id=a0EPg0000098ABV&track=cpeRPaIbyxmYk-pUKR-IsuuuA
Investment highlights
- Two-Tenant NNN Retail Investment; Pad to Turtle Crossing (4.5 Million Annual Visits, Placer.ai), Anchored by Super Target:
- Corporate PDS Health:
- 10-year initial lease term
- Early lease renewal, showing the tenant's commitment to the location
- One 5-year option with 3% annual increases
- PDS Health is one of the nation’s largest private dental companies with over 1,000 locations in 24 states, with plans to add more
- Crave Poke Co:
- 2.5% annual increases (next increase is April 2027) during the initial term and each of the two 5-year options
- Top-rated restaurant on Google with an average of 4.9-star rating and over 1,750 reviews; local favorite with huge customer following
- Corporate PDS Health:
- Irreplaceable Signalized Hard-Corner Signalized Intersection with Outstanding Exposure to 81,000 CPD
- Strong Retail Corridor: The property is located across from Coconut Creek Plaza, a Home Depot-anchored center, and one block from Walmart Supercenter and Lowe’s
- Surrounded by blue chip tenants including Burlington, Publix, HomeGoods, Aldi, Winn-Dixie, and more
- Dense, Affluent, High-Growth Demographics:
- 376,900 people within a 5-mile radius and AHHI’s of $133,000 within a 1-mile radius
- Over 20% population growth from 2010 to 2025 within a 1-mile radius
- Coral Springs is Part of the Miami-Fort Lauderdale-West Palm Beach MSA (6.5 Million People): Coral Springs is approximately 20 miles northwest of Ft. Lauderdale and 10 miles southwest of Boca Raton
Listing Contacts
Listed by ParaSell Inc, Hanley Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$270,401.00
$22,533.42/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
Map
Zoning
B-2 CommercialSpecial CommercialCommunity Business
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View all 46 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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