The Forest Office Park 3 Properties Offered at $16,000,000 in Margate, FL
INVESTMENT HIGHLIGHTS
- Upgrades include impact glass/shutters, generator-ready, lots of parking
- High traffic location with building signage
- Additional 2 acres included in sale of office park
- Convenient access to I-95 and minutes from downtown
EXECUTIVE SUMMARY
This portfolio features 10 acres of prime real estate, including two separate buildings totaling 72,474 square feet, occupying 8 acres. Additionally, there are 2 vacant acres available for development.
Key highlights of the property:
Parking: We anticipate a nearly 10:1 parking ratio, with plans for an additional 200 spaces on the vacant 2 acres, raising the total parking ratio to 10 spaces per 1,000 square feet.
Building Features: Both buildings are generator-ready, and nearly all openings are equipped with impact glass.
Location: Strategically situated near the Turnpike and Fort Lauderdale Commercial Airport, the property benefits from excellent visibility along busy State Road 441 and easy access to public transportation.
This property presents a unique opportunity for investment or development in a high-demand area.
Key highlights of the property:
Parking: We anticipate a nearly 10:1 parking ratio, with plans for an additional 200 spaces on the vacant 2 acres, raising the total parking ratio to 10 spaces per 1,000 square feet.
Building Features: Both buildings are generator-ready, and nearly all openings are equipped with impact glass.
Location: Strategically situated near the Turnpike and Fort Lauderdale Commercial Airport, the property benefits from excellent visibility along busy State Road 441 and easy access to public transportation.
This property presents a unique opportunity for investment or development in a high-demand area.
PROPERTY FACTS
| Price | $16,000,000 |
| Price / SF | $218.36 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 73,274 SF |
| Total Land Area | 11.10 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 6101-6199 SW 8th St, Margate, FL 33068 | Land | 2.00 AC | - | - |
|
The Forest Office Park
767 S State Road 7, Margate, FL 33068 |
Office | 36,637 SF | 1986 | - |
|
The Forest Office Park
777 S State Road 7, Margate, FL 33068 |
Office | 36,637 SF | 1988 | - |
