Multi-Suite Shopping
1360 N State Road 7, Margate, FL 33063
For Sale
Contact for pricing
Available spaces range from compact inline units to a larger-format suite, with on-site parking.
Property Size65,060 SF
Price / SF$0.00
Days on Market37
Property Features for 1360 N State Road 7
General Information
Standard status
Size
Property subtype
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
Current Capital Realty
(954) 966-8181
Listed By:
Alvaro Plazas · License #3264920
(954) 937-3339
Source:
Stoicestates
Added: Oct 2
Changed: Nov 6
Last Checked: Nov 6 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Current Capital Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Village Plaza is a retail center built in 1985, with several spaces available in a range of sizes. Options include inline suites of 1,200–1,600 square feet, mid-size units of 2,300–2,500 square feet, and a 4,782-square-foot space. The center has on-site parking and current tenants including CSL Plasma, Domino’s, Tribe Tea, Autry Music Institute, and Celebrity Cuts & Styles.
The property fronts State Road 7 in Margate, Florida. Available space is presented for retail, medical, restaurant, salon, boutique, and service uses.
The property fronts State Road 7 in Margate, Florida. Available space is presented for retail, medical, restaurant, salon, boutique, and service uses.
Key Highlights
- Inline units range from 1,200–1,600 square feet
- Mid‑size spaces measure 2,300–2,500 square feet
- A 4,782‑square‑foot large‑format space is available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,100,113
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,002,260
$22.0M
Cap Rate 7%
$15,715,900
$15.7M
Cap Rate 9%
$12,223,478
$12.2M
Market Conditions
NOI Build-Up for 65,060 SF
Gross rent
$1.72M $26.40/SF
− Vacancy
−$146.0K −$2.24/SF
EGI
$1.57M $24.16/SF
− OpEx
−$471.5K −$7.25/SF
NOI
$1.10M $16.91/SF
Area
Broward County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,002,260
Cap Rate 7%
$15,715,900
Cap Rate 9%
$12,223,478
Alternative Uses
Best Use
Retail
$15.72M
$13.75M – $18.34M
NOI $1,100,113 @ 7.0% cap · market cap 4,400,452.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$33.01M
$28.88M – $38.51M
NOI $2,310,538 @ 7.0% cap · market cap 9,242,152.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33063, FL
56,296
Population
27,019
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
6,865
Density / Sq Mi
$62,930
Median Household Income
$38,038
Median Earnings
$1,790
Median Rent
$270,100
Median Home Value
Market
Average Price Trend$/SF for Shopping centers in Broward County, FL
Properties on Market for Shopping centers in Broward County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Cocogate Plaza — 5109 Coconut Creek Pkwy, Margate, FL 33063
- Crossroads — 5000 Coconut Creek Pkwy, Margate, FL 33063
- Coconuts Flea Market — 5259 Coconut Creek Pkwy, Margate, FL 33063
- Village Plaza — 1360-1454 FL-7, Margate, FL 33063
- Marget Plaza — Pompano Beach, FL 33063
Frequently Asked Questions
What type of property is this?
Shopping center - Available spaces range from compact inline units to a larger-format suite, with on-site parking.
Where is this shopping center located?
The property is located at 1360 N State Road 7 Margate, FL.
What are key features of this property?
This property features: Inline units range from 1,200–1,600 square feet; Mid‑size spaces measure 2,300–2,500 square feet; A 4,782‑square‑foot large‑format space is available
