MIAMI—A single-tenant retail property leased toCVS just traded hands. 144 E 24th StreetCorp. grabbed the net lease asset from CPAC CoralSprings for $6.3 million.
The net lease property sits at 10425 WestSample Road in Coral Springs, FL. CBRE'sDavid Donnellan, Mark Drazek,and Todd Weintraub, represented the seller in thedeal.
"This newly constructed CVS is extremely well positioned onheavily traveled Sample Road, bordering the western edge of theplanned redevelopment of the Coral Springs Downtown District," saysDonnellan, senior vice president with CBRE. The sale includeda 2.5-acre parcel located at the northeast corner of Sample Roadand Coral Springs Drive, a prime intersection in northwesternBroward County.
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