6101 W Atlantic Blvd, Margate, FL 33063

Sold

6101 W Atlantic Blvd

6101 W Atlantic Blvd, Margate, FL 33063 6101 W Atlantic Blvd

City:Margate

Land area:48,344 Sq Ft

Property Status: Sold

Felipe Escobar felipe@apexcapitalrealty.com

Yoni Sunshine yoni@apexcapitalrealty.com

Price $4,525,000

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Property Summary

Zoning: TOC-C

Parking Spaces: 68 Spaces

No. Of Tenants 20

Current NOI: $325,204

Current Cap Rate: 6.7%

Description Apex Capital Realty is proud to present 6101 Atlantic Blvd, a two-story Medical office building, located in Margate, Florida. This office building is situated on a 1.11-acre parcel of land and offers approximately 18,513 square feet of leasable space. 6101 Atlantic Blvd fronts Atlantic Boulevard, a major East-West artery with high traffic counts of over 57,500 Vehicles Per Day. Strategically located one block from the US-441 and the Atlantic Boulevard intersection and with proximity to the Florida’s Turnpike, this corner lot office building provides easy access to Pompano Beach, Sunrise, Coconut Creek, and Fort Lauderdale Executive Airport.
6101 Atlantic is well-maintained and provides exceptional curb appeal, high-visibility signage opportunities, and ample parking. There are approximately 50 surface parking spaces and 18 covered parking spaces, totaling 68 parking spaces. This property was built in 1999 and was fully renovated in 2019.
Entire first floor can be delivered vacant upon request.

Lot & Building Size Breakdown:

Lot Size: 48,344 SF

Building Size: 18,513 SF

Property Highlights

Great Exposure With Excellent Visibility

Great Opportunity for Investor or Owner User

Excellent Value-Add Opportunity To Reposition the Asset by increasing rent on upcoming leases

Property Recently Experienced Over $300,000 in Capital Expenditures

Details Property size: 18,513 Sq Ft Property Status: Sold Property Type: Office Land Area: 48,344 Sq Ft Year Built: 1999

Address City: Margate State/country: FL

Documents Property Brochure download

Listing Agents

Felipe Escobar Commercial Advisor

(754) 304-3129 felipe@apexcapitalrealty.com

Yoni Sunshine Commercial Advisor

216 973 9534 yoni@apexcapitalrealty.com

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6101 W Atlantic Blvd, Margate, FL 33063 6101 W Atlantic Blvd Office Felipe Escobar 1 year ago $4,525,000