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9830-9840 W Sample Rd
Coral Springs, FL 33065
9830 Sample Road Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Stabilized Occupancy – Currently 95% leased, generating consistent income with staggered lease expirations and a WALT of 4+ years.
- Diverse Tenant Mix – Anchored by Wings Plus and supported by medical, dental, education, and service-oriented tenants.
- Coral Springs Growth – The city continues to expand with new mixed-use, residential, and retail development projects.
- Mark-to-Market Potential – Several tenants are leased below current market levels, creating an opportunity to increase revenue.
- Ample Parking – City-maintained parking in front of the plaza is open to all visitors, supplemented by parcel-owned spaces behind the property.
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present 9830 Sample Road Retail, a ±25,905-square-foot neighborhood retail center on ±1.62 acres at 9830–9880 W Sample Road in Coral Springs, Florida. Currently 95-percent occupied, the center is anchored by Wings Plus and supported by a mix of dental, medical, education, and service-oriented tenants. Leases are staggered, with a weighted average term of more than four years, providing stable income and balanced rollover exposure. Many tenants are leased below current market levels, giving a new owner the ability to capture mark-to-market rent growth as leases renew.
Parking is ample and convenient, with city-maintained spaces directly in front of the plaza available to all visitors, supplemented by parcel-owned parking located behind the property, ensuring more than enough capacity for customers and tenants. The surrounding area offers strong suburban fundamentals, with a population of more than 137,000 residents within three miles and an average household income of over $100,000, supporting steady demand for neighborhood retail. 9830 Sample Road Retail provides investors with durable cash flow today and a clear path to increased revenue as leases reset to market.
Parking is ample and convenient, with city-maintained spaces directly in front of the plaza available to all visitors, supplemented by parcel-owned parking located behind the property, ensuring more than enough capacity for customers and tenants. The surrounding area offers strong suburban fundamentals, with a population of more than 137,000 residents within three miles and an average household income of over $100,000, supporting steady demand for neighborhood retail. 9830 Sample Road Retail provides investors with durable cash flow today and a clear path to increased revenue as leases reset to market.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
25,905 SF
Building Class
B
Year Built
1974
Price
$10,065,315 CAD
Price Per SF
$388.55 CAD
Cap Rate
7%
NOI
$704,434 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.62 AC
Zoning
B-2 - Retail Center is zoned B2 and two separate parcels with parking lots are zoned RM20
Parking
89 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,012,662 CAD | |
| Land Assessment | $782,935 CAD | Total Assessment | $6,769,056 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$782,935 CAD
Improvements Assessment
$2,012,662 CAD
Total Assessment
$6,769,056 CAD
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