Margate Small Bays 5621 NW 8th St 21 610 pi² 95% Loué Industriel Immeuble Margate, FL 33063 8 999 250 $ CAD (416,44 $ CAD/pi²) 7,57% Taux de capitalisation

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.