1 State Road 7 Margate, FL 33063
Westgate Plaza offers an exceptional retail investment opportunity in Broward County, Florida. Strategically located at the high-traffic intersection of Broward Boulevard and State Road 7 (441), this property boasts a prime location and desirable tenant mix. The single-story building currently features six available retail spaces ranging in size from 600 square feet to 6,500 square feet, providing flexibility for a variety of businesses. The property's strong location is further enhanced by recent development of two outparcels. These additions include a free-standing TD Bank and a multi-tenant building housing popular brands such as Dunkin' Donuts, Smoothie King, and T-Mobile. This development significantly increases foot traffic and visibility for tenants within Westgate Plaza. The property's classification as a "trophy asset" reflects its exceptional location and the quality of its existing tenants. This is a rare opportunity to secure retail space in a high-demand area with significant growth potential. The multiple tenancy allows for diverse business opportunities and a vibrant commercial environment. Interested parties are encouraged to inquire about available space and lease terms. The property's location on two major Broward County thoroughfares ensures high visibility and accessibility for customers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.