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6261 W Atlantic Blvd
Margate, FL 33063
Margate Medical Center · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
7,703 SF
Building Class
B
Year Built/Renovated
1987/2015
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,852 SF
Building FAR
0.26
Lot Size
0.68 AC
Zoning
TOC-C, Margate - Please see attached brochure.
Parking
31 Spaces (4.02 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Signage
  • Reception
  • Storage Space
  • Natural Light
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

About 6261 W ATLANTIC BLVD , MARGATE, FL 33063

Recently redone. New hurricane impact windows. Approx. $1,300,000 non-recourse existing debt financing is assumable. NNN leased to a well established multi-state behavioral health operator on a long-term basis. Lease includes a 2.50% annual rent escalator. Lease is personally guaranteed and corporate financials are available for review. A rare turnkey medical office investment opportunity offered at an attractive Cap Rate.

Property Taxes

Property Taxes

Parcel Number
48-41-36-02-0760
Land Assessment
$357,240
Improvements Assessment
$1,495,880
Total Assessment
$1,853,120
  • Listing ID: 12639156

  • Date on Market: 5/22/2018

  • Last Updated:

  • Address: 6261 W Atlantic Blvd, Margate, FL 33063

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