715 N State Road 7 - Freestanding FOR SALE


Margate, FL 33063
$1,300,000 USD
954-661-4170
715 N State Road 7, Margate, FL for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

715 N State Road 7
Margate, FL 33063


HIGHLIGHTS

  • Freestanding retail property with 62 feet of frontage on N State Road 7 (56,000 vehicles per day) and on corner lot
  • Surrounded by major national retailers including Walmart, Bank of America, Denny’s, and Amscot, which draw consistent daily traffic
  • Perfect for an owner-user looking to establish or expand their business in a proven retail corridor
  • Includes the opportunity to purchase an operating convenience store / Indian variety shop
  • Adjacent to City of Margate 36+ acre redevelopment opportunity

OVERVIEW

Triumphant Commercial Group is pleased to present for sale Margate Express Mart (the “Property”), located at 715 N State Road 7, Margate, FL 33063. This freestanding retail property offers 62 feet of frontage on N State Road 7, one of Broward County’s busiest commercial corridors, with approximately 56,000 vehicles passing daily. The Property is ideal for an owner-user seeking to establish or expand operations nearby major national retailers including Walmart, Bank of America, Denny’s, and Amscot. The site is adjacent to the City of Margate’s 36-acre Mixed-Use Redevelopment Opportunity and lies within the CRA boundaries, qualifying businesses for the Commercial Property Improvement Grant Programs. An established convenience store business is available separately for purchase, and operating as an Indian variety store featuring religious and devotional items, accessories, and more, with upside potential for revenue growth.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$851 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Margate Express Mart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

NW 8th St

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

TOC-C

APN/PARCEL ID

48-41-36-06-0200

ASK ABOUT THIS PROPERTY

Cleveland SainpreuxTriumphant Commercial GroupMore Info
954-661-4170

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Cleveland SainpreuxTriumphant Commercial GroupMore Info
954-661-4170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.