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Margate Small Bays 4 Industrial Properties Offered at $8,963,045 CAD in Margate, FL
INVESTMENT HIGHLIGHTS
- Immediate Upside Potential - Prime small-bay industrial properties in Broward County with increasing tenant demand
- Rare Investment Opportunity - Opportunity to acquire four multi-tenant industrial buildings totaling 21,610 rentable square feet
- Proven Stability - Currently 95% occupied with a diverse mix of tenants across various industries, reducing industry-specific risks – Consistent high
- Exceptional Location - Proximity to densely populated residential neighborhoods and key demand drivers – Immediate access to Interstate-95
EXECUTIVE SUMMARY
CBRE, Inc., as exclusive agent for the Owner, is pleased to offer for sale Margate Small Bays (the “Property” or “Buildings”) in Margate, Florida. This recently renovated small-bay industrial portfolio totals 21,610 RSF on a 1.08-acre site and is currently 95% leased. The portfolio includes four light industrial buildings, with 54 total bays and unit sizes ranging from 400–800 SF. Situated in one of the nation’s most dense and desirable industrial submarkets, the Property benefits from strong local demand and has an excellent market position.
Although occupancy is stabilized, the Offering provides clear upside: current in-place rents are approximately 20% below prevailing submarket levels, and our underwritten market rents remain meaningfully below the competitive set. This creates an opportunity for new ownership to raise rents while maintaining the Property’s value alternative appeal. Built in 1975 and renovated in 2023, Margate Small Bays is located at 5601–5621 NW 8th Street, with quick access to SR-814 (W Atlantic Boulevard) and immediate access to Florida’s Turnpike and Interstate-95.
Although occupancy is stabilized, the Offering provides clear upside: current in-place rents are approximately 20% below prevailing submarket levels, and our underwritten market rents remain meaningfully below the competitive set. This creates an opportunity for new ownership to raise rents while maintaining the Property’s value alternative appeal. Built in 1975 and renovated in 2023, Margate Small Bays is located at 5601–5621 NW 8th Street, with quick access to SR-814 (W Atlantic Boulevard) and immediate access to Florida’s Turnpike and Interstate-95.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $8,963,045 CAD | Status | Active |
| Price / SF | $414.76 CAD / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.57% | Total Building Size | 21,610 SF |
| Sale Type | Investment | Total Land Area | 4.84 AC |
| Price | $8,963,045 CAD |
| Price / SF | $414.76 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.57% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 21,610 SF |
| Total Land Area | 4.84 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5615 NW 8th St, Margate, FL 33063 | Industrial | 6,400 SF | 1968 | - |
| 5605 NW 8th St, Margate, FL 33063 | Industrial | 6,349 SF | 1970 | - |
| 5601 NW 8th St, Margate, FL 33063 | Industrial | 6,349 SF | 1969 | - |
| 5621 NW 8th St, Margate, FL 33063 | Industrial | 2,512 SF | 1975 | - |
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Margate Small Bays
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