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Park Plaza

2401-2403 North State Road 7, Margate, FL 33063

Overview

Price:$2,600,000
Building Size:6,466 SF
Property Type:Retail
Total Lot Size:1.31 Acres
Year Built:1988

Highlights

  • Newly constructed ±6,500 SF multi-tenant retail plaza
  • Two units: ±4,000 SF (north) & ±2,500 SF (south)
  • Zoned for retail, residential, and medical uses
  • ±1.31-acre lot with 51 parking spaces (7.8/1,000 SF ratio)
  • 265 feet of frontage along North State Road 7 (US-441)
  • Monument sign for enhanced visibility and exposure
  • High-traffic location with over 52,000 vehicles per day
  • Surrounded by national retailers and major attractions

Description

Lee & Associates presents Park Plaza, a newly renovated ±6,500-square-foot multi-tenant retail plaza in Margate, Florida. This prime property features two rentable units: a ±4,000-square-foot northern unit and a ±2,500-square-foot southern unit. Zoned for a wide range of retail and medical uses ideal for an investment property or an owner-user. The plaza is situated on a spacious ±1.31-acre lot with ample parking, offering 51 spaces and an impressive parking ratio of 7.8/1,000 square feet. Boasting 265 feet of frontage along North State Road 7 (US-441), the property enjoys exceptional visibility with over 52,000 vehicles passing by daily. A monument sign further enhances exposure, making it an outstanding opportunity for businesses seeking a high-traffic location. Located near major suburban communities such as Coral Springs, Coconut Creek, Pompano Beach, and Margate, the property benefits from strong consumer demand. Its proximity to high-traffic destinations like Seminole Casino Coconut Creek and The Promenade at Coconut Creek, as well as established national retailers—including Best Buy, Burlington, Walmart, Wawa, and multiple quick-service restaurants—Park Plaza offers an exceptional opportunity for businesses seeking to establish or expand in a dynamic commercial corridor.

Location

Park Plaza is ideally situated in a high-density retail corridor, serving a population of 156,000 within a 3-mile radius. The property benefits from strong visibility along US-441 and close proximity to major shopping destinations, restaurants, and entertainment venues, making it a prime location for businesses looking to capitalize on a thriving consumer base.

Contact Broker

Greg Milopoulos
Principal
Lee & Associates South Florida

Cell954.558.1220
Office954.558.1220
Fax305.397.2508

James Glockner
Associate
Lee & Associates South Florida

Cell808.699.7411
Office808.699.7411
Fax305.397.2508

Christian Baena
Senior Vice President
Lee & Associates South Florida

Cell954.682.4030
Office954.682.4030
Fax305.397.2508

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