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The Shoppes at Heron Lakes 5601-5691 Coral Ridge Dr
12,400 SF of Office/Retail Space Available in Coral Springs, FL 33304
Highlights
- Conveniently located at Coral Ridge Drive & the Sawgrass Expressway. Great access from South Broward County and Palm Beach County
- Absolutely the best demographics in Broward County! Age, income, house values, and a great school system included!
- 23.5 Acres of Retail, Restaurants, Medical Offices, and a 37,450 sf STATE OF THE ART FITNESS CENTER !
- Many national tenants, including Baptist Health Express, UPS, Carvel, ETC
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 12,400 SF | 14’ - 16’ | 5 Years | $25.00 /SF/YR $2.08 /SF/MO $269.10 /m²/YR $22.42 /m²/MO $25,833 /MO $310,000 /YR | Triple Net (NNN) |
5600-5697 Coral Ridge Dr - 1st Floor
This is a rare opportunity to be an anchor in a fully leased premier retail/office center in Northwest Coral Springs/Parkland. Adaptable for may types of uses, whether retail, office, specialty. Preference is to not divide, total space is 12,400 sf. CRUNCH FITNESS just opened after totally remodeling an LA FITNESS gym, memberships have far exceeded all expectations. This center has a great mix of office, medical office, retail and restaurants. Most tenants have been so for over fifteen years or more. Property is in pristine condition. Total 136,000 sf.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 31 - 100 People
- Finished Ceilings: 14’ - 16’
- Space is in Excellent Condition
- Junior Anchor space, large sign band
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5601-5691 Coral Ridge Dr , Coral Springs, FL 33304
| Center Type | Community Center | Gross Leasable Area | 163,232 SF |
| Parking | 1,310 Spaces | Total Land Area | 38.47 AC |
| Stores | 32 | Year Built | 2005 |
| Center Properties | 6 | Cross Streets | Sawgrass Expressway |
| Frontage |
| Center Type | Community Center |
| Parking | 1,310 Spaces |
| Stores | 32 |
| Center Properties | 6 |
| Frontage | |
| Gross Leasable Area | 163,232 SF |
| Total Land Area | 38.47 AC |
| Year Built | 2005 |
| Cross Streets | Sawgrass Expressway |
About the Property
The Shoppes at Heron Lakes is strategically located at the SE quadrant of Coral Ridge Dr. & the Sawgrass Expressway. Coral Ridge drive is heavily traveled, and this upscale shopping center has enjoyed being close to fully leased since built in 2005. Call now for a showing.
- Dedicated Turn Lane
Nearby Major Retailers
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Michael Glusman - Realty Investors Inc.
Presented by
Realty Investors Inc.
The Shoppes at Heron Lakes | 5601-5691 Coral Ridge Dr
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