1901 Mears Pkwy, Margate, FL 33063
For Lease
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This exceptional Margate, Florida warehouse property, known as Central Broward Business Park, offers a prime opportunity for businesses seeking flexible industrial space. Located at 1901 Mears Pkwy, 33063, in Broward County, this M-1 Light Industrial District zoned property boasts a total of 8,000 square feet of vacant space currently available for lease. The building features three suites, with options ranging from 2,000 to 4,000 contiguous square feet, catering to diverse business needs. The warehouse spaces benefit from a generous 24-foot ceiling height, providing ample vertical storage capacity. Convenient rear, grade-level oversized loading doors ensure efficient material handling. Parking is abundant, with a 5.0 spaces per 1,000 square feet ratio. The property underwent renovations in 2024, ensuring modern and functional facilities. The property's APN is 48-42-30-01-0087. This location provides easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The lease rate is $19.95 per square foot, NNN, plus $7.91 per square foot for operating expenses. Don't miss this chance to secure your ideal warehouse space in a thriving industrial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Margate, FLMargate. Always verify with local authorities before improvements.
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.