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5233-5281 Coconut Creek PkwyMargate, FL 33063
Coconut Creek Plaza
Asset ClassRetail, Special Purpose
Charter School Retail Center
overview of deal

Overview

Avison Young is pleased to present Coconut Creek Plaza, a ±122,744 SF charter school retail center located in Margate, Florida. This strategically positioned property offers a unique blend of stability and upside, making it an attractive opportunity for core investors seeking reliable cash flow and value-add potential.

 

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Investment Highlights

Square Feet
122,744
Land
10.01 Acres
Net Operating Income
$1.65 Million
  • Strong charter schools presenting long-term stability.
  • Value-add component to lease-up vacant space and bring rents to market.
  • Superior operating costs.
  • Favorable market dynamics and economic environment.

Property Stats

Coconut Creek Plaza
Address
5233-5281 Coconut Creek Parkway, Margate, FL
Folio Number
484230170190
Year Built/Renovated
1981/2024
Occupancy
91.8%
WALT
14.95 Years
Suites
8 Suites (2 vacant)
Building Area (NRA)
±122,744 SF
Land Area (AC)
±10.01 AC
In-Place NOI
$1.65 MM
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5233-5281 Coconut Creek PkwyMargate, FL 33063
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Listing provided by Revere CRE