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401-417 N State Road 7
Margate, FL 33063 Outer Coral Springs

$2,950,000 USD

General Retail For Sale  •  4,994 SF

Property Details

  • Property Type General Retail
  • Total Building Size 8,000 SF
  • Lot Size 0.53 AC
  • Building Class B
  • Year Built 1976
  • Cap Rate 6.28 %
  • Tenancy Multiple
  • Zoning B-3, Margate
38 Transit Score
79 Walk Score

Highlights

Small Bay Retail Investment Property
Stable Long Term Tenancy
Easy to Self Manage
Great Location in NW Broward County
Frontage to Major Road
Close to Highways

Property Flyers

Financial Summary (Actual)

Net Operating Income: $185,341 USD (2025)
Cap Rate: 6.28 %
Total Expenses: $65,779 USD

Major Tenants

Tenant SF Occupied Lease End Date
Big Daddy's Pizza & Subs
Immigrant Service Center
Margate Cobbler Shop
Metro By T-mobile
MetroPCS
National Guard
Universal Barbershop

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 11 min - 5.7 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 14 min - 6.5 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 27 min - 16.8 mi
Palm Beach International 52 min - 38.6 mi
Miami International 58 min - 43.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Jason Chamely 954-857-1884 Box Real Estate LLC
Jason Chamely 954-857-1884 Box Real Estate LLC