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CORAL RIDGE PLAZA – 2801 E. Oakland Park Blvd – SOLD

Bonvie Realty, as the exclusive agent on behalf of the Owners, is proud to offer for sale 2801-2811 NE31st Street, “CORAL RIDGE PLAZA”. This rare trophy retail center consists of 15,820 square feet (“SF”) of gross leasable area among four stellar tenants. This generational asset is anchored by CVS Pharmacy and also contains The UPS Store, Hair Cuttery, and Las Vegas Cuban Cuisine. All tenants have been at this plaza for over 20 years, a testament to the area’s exceptional demographics and high barriers to entry in this dense in-fill location. The immediate area consists of superior demographics with over 18,000 residents located within one mile and an average house hold income of $105,249. This outstanding CVS NN anchored retail plaza is also located at the entry of the prestigious Coral Ridge County Club neighborhood.

LOCATION:

Located at the intersection of Oakland Park Boulevard and Bayview drive, this hard corner site consists of 203’on Bayview Drive and 140’ on East Oakland Park Boulevard. There are high traffic counts in excess of 35,000 vehicles passing the plaza each day. Coral Ridge Plaza is located a few blocks east of Coral Ridge Shopping Mall which is home to Target, Publix, Marshall’s, T.J Maxx, and many other national retailers.

Located in prestigious Coral Ridge Country Club area of East Fort Lauderdale at the corner of intersection of E. Oakland Park Boulevard & Bayview Drive. Great exposure on the corner of Bayview Drive and Oakland Park Boulevard, with easy access for both eastbound and westbound vehicles to enter. Coral Ridge Plaza is located a few blocks east of Coral Ridge shopping mall which is home to Target Publix Marshall’s T.J. Maxx and many more national retailers. Dining, Entertainment, Beach & Intracoastal Waterway are nearby. Easy Access to major arteries including Federal Highway (2.7 blocks) and I-95 (3.0 miles).

  • CVS NN ANCHORED RARE TROPHY INFILL MUTI-TENANT RETAIL
  • OUTSTANDING DRUGSTORE LOCATION ON HARD SIGNALIZED CORNERIN EAST FORT LAUDERDALE
  • LONG-TERM TENANTS-CVS CORPORATION WITH INVESTMENT QUALITY CREDIT
  • HIGH INCOME AND HIGH GROWTH AREA OF EAST FORT LAUDERDALE
  • LOCATED AT THE ENTRY OF THE PRESTIGIOUS CORAL RIDGE COUNTRYCLUB NEIGHBORHOOD
  • CVS HAS 2 (5 YEAR) OPTIONS LEFT ON EXISTING LEASE (EXPIRATION 2033)
  • EXTREMELY LOW SALES TO RENT RATIO AT APPROX 3%
  • FEE SIMPLE OWNERSHIP 100% TO BE DELIVERED FREE AND CLEAR

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