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Gateway Medical Plaza 3251 N State Rd 7 31,040 SF 95% Leased Office Building Margate, FL 33063 $15,620,000 ($503.22/SF) 6.19% Cap Rate
Investment Highlights
- Premier Class A medical office, built 2020, 31,243 RSF
- 94.6% occupied; 9+ year WALT
- High barriers: limited SR-7 land restricts future competing supply
- Prime “Medical Mile” location, 0.6 miles from HCA hospital
- Anchor US Fertility invested $5M+ in flagship buildout
Executive Summary
Strategically located just 0.6 miles from HCA Florida Northwest Hospital, this property benefits from a secure income stream with a weighted average lease term (WALT) exceeding 9 years. Offered at $15,650,000, the investment provides a 6.2% cap rate with clear value-add potential to achieve a 6.9% pro forma cap rate by leasing the remaining vacancy. The surrounding area supports this demand with a dense, aging population requiring consistent medical care.
Situated along the vital State Road 7 corridor, Gateway Medical Plaza offers easy access to the Florida Turnpike and Sawgrass Expressway, serving as a central healthcare destination for Northern Broward County. This prime location makes it an ideal investment for those seeking a stabilized, high-quality medical asset with recession-resistant fundamentals in a market with high barriers to entry.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
- -
-
Lorem Ipsum
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Jan 0000
Cooper Orthodontics is a leading family-owned orthodontic practice founded by Drs. Justin and Andrew Cooper in 2013. With 13 convenient locations across South Florida—including Port St. Lucie—the practice offers expert orthodontic care for patients of all ages. As board-certified specialists and Diamond Plus Invisalign providers, the Cooper brothers deliver personalized treatment plans using advanced technologies, including metal braces, clear aligners, and gold braces. Known for their patient-first approach, flexible financing, and modern office environments, Cooper Orthodontics helps every patient achieve a confident, lasting smile in comfort and style.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Prime brand new 1st floor space divisible to 2,500 square feet. Direct entry from the building exterior with back-lit signage facing SR7. Monument signage available.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 2,205-3,600 SF | Office/Medical | Shell Space | Now |
1st Fl-Ste 100
| Size |
| 2,205-3,600 SF |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 100
| Size | 2,205-3,600 SF |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Prime brand new 1st floor space divisible to 2,500 square feet. Direct entry from the building exterior with back-lit signage facing SR7. Monument signage available.
Property Taxes
| Parcel Number | 48-41-24-10-0040 | Improvements Assessment | $7,832,430 |
| Land Assessment | $1,812,290 | Total Assessment | $9,644,720 |
Property Taxes
Presented by
Gateway Medical Plaza | 3251 N State Rd 7
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