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Office Medical

Gateway Medical Plaza

3251 N State Rd 7, Margate, FL 33063

Listing Price: $15,650,000

Cap Rate
6.20%
Gross SF
31,243
Rentable SF
31,243
Price/Gross SF
$500.91
Occupancy
94.6%
Year Built
2020
Lot Size
2.31 acres

Investment Overview

Marcus and Millichap is proud to present Gateway Medical Plaza, a premier Class A medical of?ce asset located at 3251 North State Road 7 in Margate, FL. This exceptional property offers 31,243 square feet of rentable built area, currently 94.6% occupied. Built in 2020, the facility features state-of-the-art construction and accommodates a specialized tenant mix, including a fertility clinic anchor that has invested over $5 million in improvements to establish a ?agship location.

Investment Highlights

  • Gateway Medical Plaza is a premier Class A medical office asset constructed in 2020, featuring state-of-the-art facilities and 31,243 square feet of rentable built area.
  • The property occupies a strategic position on the "Medical Mile," located just 0.6 miles from HCA Florida Northwest Hospital, ensuring a steady flow of patient referrals.
  • Investors benefit from a stable, long-term income stream secured by 94.6% occupancy rate and a weighted average lease term exceeding nine years.

Exclusively Listed By

Office Medical

Gateway Medical Plaza

Listing Price: $15,650,000

Cap Rate
6.20%
Gross SF
31,243
Rentable SF
31,243
Price/Gross SF
$500.91
Occupancy
94.6%
Year Built
2020
Lot Size
2.31 acres

Investment Highlights

  • Gateway Medical Plaza is a premier Class A medical office asset constructed in 2020, featuring state-of-the-art facilities and 31,243 square feet of rentable built area.
  • The property occupies a strategic position on the "Medical Mile," located just 0.6 miles from HCA Florida Northwest Hospital, ensuring a steady flow of patient referrals.
  • Investors benefit from a stable, long-term income stream secured by 94.6% occupancy rate and a weighted average lease term exceeding nine years.

Investment Overview

Marcus and Millichap is proud to present Gateway Medical Plaza, a premier Class A medical of?ce asset located at 3251 North State Road 7 in Margate, FL. This exceptional property offers 31,243 square feet of rentable built area, currently 94.6% occupied. Built in 2020, the facility features state-of-the-art construction and accommodates a specialized tenant mix, including a fertility clinic anchor that has invested over $5 million in improvements to establish a ?agship location.

Exclusively Listed By

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