? HIGHLY TRAFFICKED MALL LOCATION - Coral Square Mall is located at the highly trafficked intersection of N University Drive and W Atlantic Boulevard in Coral Springs, FL with combined daily traffic counts of 85,000 vehicles. This destination regional mall is home to ±120 stores, featuring Macy’s, JCPenney, Kohls, Old Navy and Shoe Carnival.
? NEW RESIDENTIAL DEVELOPMENT TO DRIVE MORE ACTIVITY - As residential developers look for more opportunities in suburban markets to avoid the higher land costs of more dense urban neighborhoods, high-performing regional malls like Coral Square Mall provide attractive locations for future residents to have numerous amenities within walking distance. In late-2019 a proposal was submitted to develop ±204 rental apartments on a 5-acre parcel of land that is located adjacent to subject Property, on the northern perimeter of the mall. The subject Property will be the closest mall entrance for these patrons and be the largest beneficiary of the increased foot traffic.
? LARGE FLEXIBLE SPACE - The large two-story structure measures a total area of ±166,500 square feet and allows for multiple uses. Included on the first floor is ±17,500 square foot that originally served as the Sears Auto Center and can be easily backfilled into similar automotive use.
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
|Population Median Age||38||39||40|
|Population by Age||0-9 Yrs||2212 (12%)||22179 (11%)||44077 (11%)|
|10-19 Yrs||2087 (12%)||23634 (12%)||46524 (12%)|
|20-29 Yrs||2133 (12%)||22964 (12%)||45231 (11%)|
|30-39 Yrs||2760 (16%)||25525 (13%)||49883 (13%)|
|40-49 Yrs||2319 (13%)||25646 (13%)||50648 (13%)|
|50-59 Yrs||2229 (13%)||26032 (13%)||53287 (14%)|
|60-69 Yrs||1939 (11%)||21585 (11%)||43744 (11%)|
|70+ Yrs||1413 (8%)||19421 (10%)||44593 (11%)|
|Median HH Income||$72,871||$54,761||$55,658|
|Total Household Income||< 24K||853 (14%)||13494 (20%)||27522 (20%)|
|25-49K||1038 (18%)||16466 (25%)||34100 (25%)|
|50-74K||1047 (18%)||12267 (18%)||26063 (19%)|
|75-99K||840 (14%)||8232 (12%)||17000 (12%)|
|100-199K||1531 (26%)||11901 (18%)||25173 (18%)|
|200K+||407 (7%)||2636 (4%)||6434 (4%)|
|Highest Education Level||No Diploma||997||14326||27644|
|Diploma or GED||2529||39947||77895|
|Total Housing Units||6,120||73,098||156,218|
|Owner-Occupied Values||< 100K||348||9529||20088|
|Total Working Age Population||13,580||150,861||306,065|
|In Work Force||9,543||102,323||204,731|
|Not In Work Force||4,038||48,538||101,334|
|Single Male w/Child||178||2,037||3,525|
|Single Female w/Child||516||5,730||10,775|
Population Change Last Two Decades - Plus Projection
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