June 15, 2022 – Charles Moody of Horvath & Tremblay has successfully completed the sale of Hillsboro Plaza in Coconut Creek, Florida. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,980,000.
Hillsboro Plaza is located at 4400 Hillsboro Boulevard in Coconut Creek, Florida. The Property consists of a 9,943 square foot building on a 0.76-acre parcel of land. The Property is 100% leased to seven (7) tenants on gross leases. The retail center features a complimentary mix of local tenants offering products and services for the surrounding community. The Property offers ample parking and features great visibility and frontage with two points of access. Hillsboro Plaza is well-located at the intersection of Hillsboro Boulevard and Northwest 44th Avenue, right at the entrance to the Deerfield Lake mobile home community with 346 lots. The location is directly across the street from the Key Food Supermarket-anchored Marketplace at Hillsboro and is down the street from a Walmart Supercenter and from the Publix-anchored West Creek Commons. The Property benefits from average traffic counts of over 40,900 vehicles per day and also enjoys convenient access to numerous area highways including US Route 441, Interstate 95 and Florida’s Turnpike.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.