The Island Acquires The Outparcel At Coral Springs II In Coral Springs For $5.73M

The Outparcel at Coral Springs II, a commercial property located at 8931-8947 W Atlantic Blvd in Coral Springs, was recently sold in a closed transaction. The property spans 7,500 square feet and was purchased for a total sale price of $5,730,000, resulting in a price per square foot of $764. The transaction was completed on 07/19/2022.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,730,000
• Address: 8931-8947 W Atlantic Blvd, Coral Springs
• Market: Coral Springs

Ingrid Andres and Greg Gringruz from The Island represented the buyer in the transaction, while Alex Sharrin from JLL represented the seller. The deal was closed, funded, and the purchase price was below the appraised value.