For Sale
$7,700,000

2800 State Road 7Margate, FL 33063

Prime Margate Office Building, High-Yield Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two freestanding office buildings totaling approximately 26,000 square feet, situated at 2800 N State Road 7 in Margate, Florida, zip code 33063. Built in 1985, the property boasts a desirable location directly across from HCA Florida Northwest Hospital, ensuring high visibility and accessibility. Currently occupied by a diverse tenant mix including a dialysis clinic, an MRI clinic, and a nursing school, this property offers strong income potential. The buildings feature a variety of individual office spaces, with approximate square footages as follows: Space 1 (12,150 sq ft), Space 2 (6,500 sq ft), Space 3 (3,200 sq ft), Space 4 (2,500 sq ft), Space 5 (2,000 sq ft), and Space 6 (1,500 sq ft). These estimates are provided by the owner and should be verified through due diligence. The property is offered at an asking price of $7,700,000. The owner is also open to selling the dialysis center separately. A virtual tour is available. This property presents a compelling opportunity for both investors seeking a high-yield asset and owner-users looking for a substantial and well-located office space. The lease type is modified. Note that all square footage figures are approximate and require verification.

Highlights

  • $7,700,000 asking price.
  • Office property in Margate, FL.
  • Modified lease type.
  • 1985 construction.
  • Approximately 26,000 square feet total space in two freestanding buildings.

Property Details for 2800 State Road 7

Property type
Office properties
Year Built
1985

Location Insight

City
Margate
County
Broward
State
Florida
Latitude
26.2612117
Longitude
-80.2008929
2800 State Road 7, Margate, Florida

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2800 State Road 7
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