Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1360 State Rd 7 Margate, FL 33063

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Margate retail spaces available. High-traffic location.

    Lot size:
    67,714 SF

    Property Features for 1360 State Rd 7

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,714 SF
    Class
    B
    Total Rate
    112856.67

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 1360 State Rd 7, Margate, FL 33063 Contact us
    Unit Suite 1360

    $25 /Mo

    Size
    4,782 SF
    Contact us
    Unit Suite 1454

    $20 /Mo

    Size
    2,418 SF
    Contact us
    Unit Suite 1388

    $25 /Mo

    Size
    4,298 SF
    Contact us

    We can help!

    Listing Contact
    Jason Chamely
    Jason Chamely

    Listing Agent: Jason Chamely

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Invest in this exceptional opportunity at Trizek Village Plaza, a single-story, 67,714 square foot retail center located at 1360 N State Rd 7, Margate, FL 33063, in Broward County. This Class B property, built in 1986, sits on a spacious 288,375 square foot lot and features 21 suites across one building. Three retail spaces are currently available, ranging from 2,418 to 4,782 square feet. The property boasts a convenient location on State Road 7 (441), just south of Royal Palm Boulevard, ensuring high visibility and accessibility. Space #1360 (4,782 sq ft) is an end cap with prominent 441 road frontage signage, ideal for businesses requiring high visibility, such as a gym or dance studio. Space #1388 (4,298 sq ft) is a former sports bar with a full-service bar, kitchen, and stage, perfect for a similar concept or a repurposed entertainment venue. Finally, space #1454 (2,418 sq ft), a former Dunkin' Donuts, offers an open seating area, a large kitchen, and prep areas, making it suitable for a deli, catering business, or coffee shop. The property's diverse tenant mix creates a vibrant and thriving commercial environment. The property has no elevators. APN is 484230040011.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Margate
    County
    Broward
    State
    Florida
    Longitude
    -80.200673998423
    Latitude
    26.247816778994

    Nearby Similar for Lease

    • $32 SF/Yr
      3,270 SF

      Margate Freestanding Two-Story Office Building

      Two-story office building with elevator available for sale or lease.
      513 N State 7 Rd, Margate, FL 33063
      View Details
    • $1,740,000
      3,270 SF

      Freestanding Office Building with Elevator

      Two-story office building with elevator for sale or lease.
      513 N State 7 Rd, Margate, FL 33063
      View Details
    • $4,325 /Mo
      61,463 SF

      Margate Retail Space For Rent

      2250 SF retail space in Marquis Square shopping plaza.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $1,645 /Mo
      61,463 SF

      Margate Office Space For Rent

      Professional office space available in a high-traffic shopping plaza.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $3,866 /Mo
      61,463 SF

      Margate Retail Space For Rent

      Second-floor retail space in Marquis Square, ideal for beauty salon.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $7,991 /Mo
      61,463 SF

      Margate Retail Space For Rent

      Second-floor retail space in Marquis Square, Margate, Florida.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $1,936 /Mo
      61,463 SF

      Margate Office Space For Rent

      Professional office space in Marquis Square with high traffic exposure.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $2,907 /Mo
      61,463 SF

      Margate Retail Space For Lease

      First-floor retail space in a high-traffic shopping plaza.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $5,815 /Mo
      61,463 SF

      Margate Retail Space on State Road 7

      Corner retail unit in Marquis Square with high traffic exposure.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $2,907 /Mo
      61,463 SF

      Retail Space on State Road 7

      Retail space in busy plaza with high traffic count.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $3,100 /Mo
      61,463 SF

      Margate Retail Space For Lease

      Retail space in busy plaza with high traffic and visibility.
      2501 N State Rd 7, Margate, FL 33063
      View Details
    • $3,420 /Mo
      1,642 SF

      Margate Warehouse in Banks Business Park

      Spacious warehouse in Margate's Banks Business Park available for lease.
      1773 Banks Rd, Margate, FL 33063
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Margate retail spaces available. High-traffic location.
    Where is this restaurant located?
    The property is located at 1360 State Rd 7 Margate, FL.
    What is the lease rate?
    The lease rate is $20-$25 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location in a major neighborhood plaza with 441 feet of frontage.; Second-generation restaurant/bar/lounge space available.; Strong tenant mix and diverse business types.
    (954) 857-1884 Call to check price and availability
    Request Owner's contact information
    1360 State Rd 7 Margate, FL 33063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1360 State Rd 7
    Margate, FL 33063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1360 State Rd 7 Margate, FL 33063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason Chamely
    Jason Chamely
    Real Estate License ID: 3180591
    (954) 857-1884 (954) 752-8007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!