309 N State 7 Road, Margate, FL, 33063

309 N State 7 Road, Margate, FL, 33063

1977

New to market, this freestanding established prime building is located just two blocks South of one of the busiest intersections in Broward County with a 115,000 daily car count. The retail building is configured as a restaurant with a proven revenue stream that has been established since 1978 with a loyal customer base and prime location. The lot is 100'X179 and is easily accessible off 441-St.Rd.7 and has ample parking for 26 cars. The restaurant has a seating capacity of 65 and comes with all equipment. The current tenant has a 10 year lease with two five year options and yearly 3% rent increases. The building is ADA compliant and the roof was recently siliconized and the parking lot blacktopped. Seller open to financing.Seller is licensed real estate agent.


Status:

Active

Type:

Commercial

Units:

1

Zoning:

TOC-C

Building Type:

Free Standing,Restaurant

Heating:

Central

Cooling:

Central

Levels:

1

Acreage:

0.41

Est. Taxes:

$13,600

Current Use

Retail

Construction

CBS,Concrete

Utilities

Gas Natural,Public Sewer,Public Water

Lease Term Type:

7-10 Years,Option Available

Owner Pays:

Electric,Gas,Repairs,Sewer

MLS #:

RX-10926565


Community Info

School Info

Walk Score

Yelp

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