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    2922 State Rd Margate, FL 33063

    For Lease
    $25 SF/Yr

    Prime Medical & Retail Space Available

    Lot size:
    20,714 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A Margate, Florida shopping center offers 20,714 square feet of retail and medical office space across 11 suites. Located at 2922 N State Rd 7, in Broward County (zip code 33063), this single-story building sits on a 1.32-acre lot and boasts 65 parking spaces. The property is zoned TOC-C and enjoys a highly visible location directly across from HCA Hospital, benefiting from over 51,000 daily vehicle counts on State Road 7/441. Available spaces range from 1,500 to 10,000 square feet, making it ideal for a variety of uses, including medical offices, urgent care centers, and retail shops. The larger 10,000 square foot unit is particularly well-suited for medical or urgent care tenants. This is a unique opportunity to establish or expand your business in a thriving, high-traffic area with excellent visibility and accessibility. The property's multiple tenancy structure provides flexibility for various business needs.

    Property Features for 2922 State Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,714 SF
    Class
    A
    Total Rate
    43154.17

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    2934
    Size
    10,000 SF
    Rate per SF
    $25
    Space
    2918
    Size
    1,500 SF
    Rate per SF
    $30

    HighLights

    • Class A Margate, FL shopping center totaling 20,714 square feet.
    • Prime location on State Road 7/441 in Broward County (33063).
    • High traffic count exceeding 51,000 vehicles daily.
    • 65 parking spaces available.
    • Suitable for various commercial uses, including medical and retail; spaces range from 1,500 to 10,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.2015402
    Latitude
    26.2623927

    Nearby Similar for Lease

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      Margate Office Space For Lease

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    • $5,815 /Mo
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    FAQs

    What type of property is this?
    Medical office - Prime Medical & Retail Space Available
    Where is this medical office located?
    The property is located at 2922 State Rd Margate, FL.
    What is the lease rate?
    The lease rate is $25-$30 SF/Yr.
    What are key features of this property?
    This property features: Class A Margate, FL shopping center totaling 20,714 square feet.; Prime location on State Road 7/441 in Broward County (33063).; High traffic count exceeding 51,000 vehicles daily.
    Request Owner's contact information
    2922 State Rd Margate, FL 33063
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    Margate, FL 33063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2922 State Rd Margate, FL 33063
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