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    7504 N State Road 7 Road

    Coconut Creek, FL 33073
    • $2,325,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: RX-10683376
    UPDATED: 28 min ago
    $2,325,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Extremely rare opportunity to purchase or lease a regularly shaped development parcel in the thriving retail corridor of Coconut Creek. With more that 53k cars passing the site each day, the parcel sits at the borders of Coconut Creek, Parkland, and Boca Raton. The property has the very unique designation of Coconut Creek's Medical Services Overlay District, which fully allows for the development and operation of medical marijuana treatment centers and cannabis dispensaries. However, medical use is not a requirement of the site and a QSR with drive-thru or a freestanding retail building would also be an optimal use of the highly commercial corridor. Ownership is flexible. Sale is preferred, but a ground lease or build-to-suit will be considered for credit worthy tenants.* One of Very Few Parcels Zoned for Medical Marijuana in Coconut Creek; * Dense Commercial Corridor with more than 53k Cars Per Day Past the Site; * Regularly Shaped Site and Prime Location for QSR With Drive Through; * Liberal Commercial Zoning Allows For a Wide Array of Uses, including Rare Cannabis Retail; * Previous Approvals for Auto Discount Retailer and Executive Office Suites Provide Offset To Development Costs; * Flexible Ownership Willing To Consider All Reasonable Offers and Terms;

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    www.ewm.com/homes/113146996
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    7504 N State Road 7 Road Coconut Creek, FL 33073

    • Price: $2,325,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: RX-10683376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    Neighborhood:
    M & S Office Plat
    County:
    Broward
    Area:
    Coconut Creek
    Property Description
    Extremely rare opportunity to purchase or lease a regularly shaped development parcel in the thriving retail corridor of Coconut Creek. With more that 53k cars passing the site each day, the parcel sits at the borders of Coconut Creek, Parkland, and Boca Raton. The property has the very unique designation of Coconut Creek's Medical Services Overlay District, which fully allows for the development and operation of medical marijuana treatment centers and cannabis dispensaries. However, medical use is not a requirement of the site and a QSR with drive-thru or a freestanding retail building would also be an optimal use of the highly commercial corridor. Ownership is flexible. Sale is preferred, but a ground lease or build-to-suit will be considered for credit worthy tenants.* One of Very Few Parcels Zoned for Medical Marijuana in Coconut Creek; * Dense Commercial Corridor with more than 53k Cars Per Day Past the Site; * Regularly Shaped Site and Prime Location for QSR With Drive Through; * Liberal Commercial Zoning Allows For a Wide Array of Uses, including Rare Cannabis Retail; * Previous Approvals for Auto Discount Retailer and Executive Office Suites Provide Offset To Development Costs; * Flexible Ownership Willing To Consider All Reasonable Offers and Terms;
    Exterior Features

    Front Exposure West Ground Cover Grassed Improvements ClearedCurb Lot Description 1/2 To < 1 Acre Roads State Road Trees None Waterfront YN No

    Property Features

    Available Docs AerialBuilding PlanPlansPrevious TitleSurvey Development Status Recorded Plat Homeowners Association None Land Type Commercial Land List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Central Business Dst Parcels 1 REO No Short Sale No Short Sale Addendum No Short Sale AU N/A Special Assessment No Style AgriculturalCommercialProfessional Tax Amount 17837.46 Tax Year 2020 Terms Considered CashCryptocurrencyLease Option Utilities Available CableElectricMunicipal SewerTrash Removal Utilities On Site Electric Service AvailableMunicipal SewerPublic Water Zoning Commercial

    Listing provided courtesy of Compass Florida Llc. Listing information © 2021 BeachesMLS
     
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