2922 State Road 7Margate, FL 33063

This exceptional Margate, Florida retail investment opportunity encompasses a 20,714 square foot shopping center situated on a 1.32-acre lot. The property boasts 65 parking spaces, providing ample convenience for customers and tenants. The center is comprised of twelve individual units, currently showing a 49.31% occupancy rate with four existing tenants. A significant portion of the property, approximately 10,500 square feet, is currently available for lease, presenting a compelling opportunity for an owner-user or an investor seeking to increase occupancy and rental income. The property's prime location in Margate offers excellent visibility and accessibility, making it an attractive destination for businesses and shoppers alike. This presents a strong investment opportunity with significant upside potential through lease-up of the vacant space. The property is offered at $7,250,000. Detailed financial information and further specifics are available upon request. Please respect the privacy of existing tenants and refrain from direct contact.