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309 N State 7 Road Margate, FL 33063

Restaurant/Entertainment

AGENT'S REMARKS ABOUT 309 N STATE 7 ROAD

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.

PROPERTY DETAILS

  • Property Type: Restaurant/Entertainment
  • Year Built: 1977
  • Stories: 100
  • Total Floors in Building: 100
  • Pets Allowed: No
  • County: Broward
  • Area: 3632
  • Annual Property Taxes: $13,600

VIDEO TOUR

MAP LOCATION FOR 309 N STATE 7 ROAD MARGATE, FL 33063

Directions: 2 Blocks South of Atlantic Blvd on 441 -St.Rd. 7

Listing courtesy of Nugget Realty 05.09.2024

If you are interested in this property at 309 N State 7 Road or any other properties in Margate please contact The Rucco Group at (561) 737-0366.