7504 N State Road 7 Road

$2,325,000

About This Property

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;

Essential Information

MLS® #RX-10683376
Price$2,325,000
Acres0.00
TypeLand
Sub-TypeCommercial Land
StyleNo
StatusNew

Community Information

Address7504 N State Road 7 Road
Area3511
SubdivisionM & S OFFICE PLAT
CityCoconut Creek
CountyBroward
StateFL
Zip Code33073

Amenities

Utilities

Municipal Sewer, Electric, Cable, Trash Removal

Exterior

Lot Description1/2 to < 1 Acre

Additional Information

ZoningCommercial

Listing Details

OfficeCompass Florida LLC

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All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2021 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2021 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on January 18th, 2021 at 6:30am CST.

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