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FOR LEASE ANCHOR SPACE LEASE AVAILABLE 75,256 SF (Divisible) Available in Broward County, South Florida Bob Sherman - Sr. Vice President Ross Realty Investments, Inc. 954.332.0383 [email protected] ross-realty.com

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FOR LEASE

ANCHOR SPACE LEASE AVAILABLE75,256 SF (Divisible) Available in Broward County, South Florida

Bob Sherman - Sr. Vice PresidentRoss Realty Investments, [email protected]

ross-realty.com

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

EXECUTIVE SUMMARYThe subject space is a 75,256 sf former grocery store (divisible) located in an otherwise fully leased 157,152 sf neighborhood shopping center. Located in north-central Broward County at the southwest quadrant of State Road 7 (US Hwy 441 – 52,500 ADT) and Sample Road (63,500 ADT), the space offers excellent marketing visibility to the adjacent roads and access via two entrances (a third is proposed). The surrounding trade area is characterized by a dense residential population (over 150,000 residents within three miles), countless national and regional tenants, numerous new car dealerships, a regional hospital, and a large active casino. Plaza naming rights are available on three monument signs.

P R O P E R T Y S TAT SAnchor Space Available 75,256 SF

Can be subdivided to 20,000 SF

Lease Rate per SF $10.00 - $15.00 NNN

Term 10-15 Years

Address 3105-3285 N State Road 7, Margate, FL

Submarket NW Broward/Coral Springs

Parcel ID(s) 48-41-24-10-0010

Total Center Square Footage 157,152 SF

Lot Size ±18 AC

Year Built/Renovated 1989/2016

M A J O R T E N A N T S A R E A ( S F ) % O F G L A

YouFit Health Club 17,500 11.49%

Health/Beauty Tenants 10,252 6.73%

Promovere (Camp Canine) 7,532 4.95%

Gold Seal Childcare (Toddler Club) 6,304 4.14%

Restaurant Tenants 4,989 3.28%

Medical Tenants 3,692 2.42%

Other 1,827 1.20%

W I T H I N A 3 - M I L E R A D I U S

150,9352018 EST.

POPULATION

$78,0732018 EST. AVERAGE

HOUSEHOLD INCOME

$63,8322018 EST. MEDIAN

HOUSEHOLD INCOME

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

SPACE

AVAILABLE

SURROUNDING MARKETThe surrounding trade area is characterized by a dense residential population (over 150,000 residents within three miles), countless national and regional tenants, numerous new car dealerships, a regional hospital, and a large active casino. Plaza naming rights are available on three monument signs.

75,256 SF AVAIL ABLE

AERIAL

3105

31113113

3115

17,500 SF

317931813183

3187

320170,358 SF

3203320532073211

321728,600 SF

3285Toddler Club

6,304 SF

Suite Tenant SF3105 Sav-A-Lot Nutrition Center 4,8003111 Pizza Hut 1,6003113 Margate Family Medical 1,2003115 3179 VACANT3181 South Florida Vision 1,6003183 2,1323187 2,3343191 7,5323201 70,3583203 1,827

98632073211 3,3893217 28,6003285 6,304

Nails Aria SalonNorkobes BeautyPromoverePenn Dutch Food CenterLa Lu FurnitureFinal Cut Barber ShopAll Care DentalDonna's RestaurantFlorida Career CollegeGold Seal Childcare

TOTAL 151,054

YouFit Margate

892

17,5001,200

3205

NW

31s

t St

FL-7 (US-441)

NW 62nd St

SUITE TENANT SF3105 Save-A-Lot 4,800

3111 Pizza Hut 1,600

3113 Margate Family Medical 1,200

3115 YouFit Margate 17,500

3179 VACANT 1,200

3181 South Florida Vision 1,600

3183 Nails Aria Salon 2,132

3187 Norkobes Beauty 2,334

3191 Promovere 7,532

3201 Penn Dutch Food Center 70,358

3203 La Lu Furniture 1,827

3205 Final Cut Barber Shop 986

3207 All Care Dental 892

3211 Donna's Restaurant 3,389

3217 Florida Career College 28,600

3285 Gold Seal Childcare 6,304

TOTAL 152,2543105 3191

NEW DANDEE DONUTS

OUTPARCEL BRIGHTSTAR

CREDIT UNION

DERMATOLOGY MEDICAL OFFICE

BUILDING

Access to N

W 62nd

St

Proposed access Point

FUTURE MEDICAL OFFICE BUILDING

(Jan 2020)FUTURE MEDICAL OFFICE

PARKING

3 MONUMENT SIGNS

Acc

ess

to N

W 6

2nd St

52,500 ADT

To Sample Rd

63,500 ADT

SPACE AVAILABLEWill Subdivide

SUITE TENANT SF

3105 Save-A-Lot Nutrition Centers 4,800

3111 Pizza Hut 1,600

3113 Margate Family Medical 1,200

3115 YouFit Margate 17,500

3179 VACANT 1,200

3181 South Florida Vision 1,600

3183 Nails Aria Salon 2,132

3187 Norkobes Beauty 2,334

3191 Promovere 7,532

3201 AVAILABLE 75,256

3203 La Lu Furniture 1,827

3205 Final Cut Barber Shop 986

3207 All Care Dental 892

3211 Donna's Restaurant 3,389

3217 Florida Career College 28,600

3285 Gold Seal Childcare 6,304

TOTAL 157,152

SITE PLAN

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

FLOOR PLANThe subject space is a 75,256 sf former grocery store (divisible) located in an otherwise fully leased 157,152 sf neighborhood shopping center.

RADIUS MAP

1 M I L E

3 M I L E S

5 M I L E S

M I L E R A D I U S

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

DEMOGRAPHICS - 1-3-5 MILE RADIUS REPORT

+ Data provided by REGIS.

POPULATION 1 MILE 3 MILES 5 MILES2018 Estimated Population 20,138 150,935 399,8352023 Projected Population 21,193 158,463 419,2792010 Census Population 18,482 134,481 358,796Projected Annual Growth 2018 to 2023 1.0% 1.0% 1.0%Historical Annual Growth 2010 to 2018 1.1% 1.5% 1.4%

HOUSEHOLDS2018 Estimated Households 7,882 58,831 146,7852023 Projected Households 8,095 60,426 150,5922010 Census Households 7,494 54,420 136,245Projected Annual Growth 2018 to 2023 0.5% 0.5% 0.5%Historical Annual Change 2000 to 2018 0.7% 0.7% 0.5%

HOUSEHOLD INCOME2018 Est. Average Household Income $74,884 $78,073 $76,5982018 Est. Median Household Income $63,317 $63,832 $62,498

BUSINESSES & EMPLOYEES2018 Total Businesses 804 5,559 15,8222018 Total Employees 10,950 51,404 143,811

HOUSING2018 Total Housing Units 8,362 63,479 160,4402018 Owner-Occupied 61.8% 70.2% 67.7%2018 Renter-Occupied 38.2% 29.8% 32.3%2018 Vacant Housing 6.1% 7.9% 9.3%

2018 EDUCATION ENROLLMENT

Less than 9th Grade

9th-12th Grade, No Diploma

High School Graduate

Some College, No Degree

Associate Degree

Bachelor's Degree

Graduate/Professional Degree

2018 HOUSEHOLD INCOME DISTRIBUTION

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

$35,000 to$49,999

$50,000 to$74,999

$75,000 to$99,999

$100,000 to$149,999

$150,000 to$199,999

$200,000 +

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

ROADWAYS

I-75, whose daily traffic count is upwards of 148.5k vehicles per day, is the gateway to Southwest Florida. The interstate extends from northern Miami-Dade County, west to Naples and up the United States.

I-595, also known as the Port Everglades Expressway, is one of the most heavily travelled roadways in South Florida. It connects I-75 and Alligator Alley through Broward County ending at Port Everglades. The interstate serves over 126.5k cars on a daily basis.

The Sawgrass Expressway, one of the busiest state roads in the region, serves upwards of 105k vehicles daily connecting drivers from I-595 in the Southwest to north central Broward County.

Florida’s Turnpike is the state’s most traveled toll road connecting the Miami area to Central Florida.

I-95 is Florida’s largest interstate highway and extends from Florida all the way up the eastern seaboard of the United States.

CORAL LANDINGS III

SPACE AVAILABLE

PEPPERTREE PLAZA

COCONUT CREEK PLAZA

MAINSTREET OF COCONUT CREEK

- 2,000+ Residential Units- Hotel, Commercial

- Education, Civic

W Sample Rd · (63,500 ADT)W Sample Rd · (63,500 ADT)

N State Rd 7 · 52,500 ADTN State Rd 7 · 52,500 ADT

Lyons Rd

· (45,000 AD

T)Lyons R

d · (45,000 A

DT)

Wiles Rd · (34,000 ADT)

Wiles Rd · (34,000 ADT)

N

VIEW FACING NORTH

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

CORAL SPRINGS – MARGATE – COCONUT CREEKThe subject space is positioned within the core of northwestern Broward County. The Property sits on the northern edge of the City of Margate and borders the City of Coral Springs to the north. With the City of Coconut Creek to the east, this site sees bustling daily traffic from three major submarkets in South Florida. These cities make up a considerable portion of the desirable suburban communities that characterize northwestern Broward County. As congestion and overdevelopment builds along the eastern areas of South Florida, there is a movement west to find more reasonably priced housing and improved quality of life. Bordered by both the Sawgrass Expressway and Florida’s Turnpike, the Coral Springs-Margate-Coconut Creek area is a direct beneficiary of this highly accessible location 20 minutes from both the Boca Raton and Ft. Lauderdale employment centers, and 45 minutes from Downtown Miami.

LOCATIONNW Broward’s impressive population density and constant growth has been supplemented by the extensive system of highways that connect these communities to the major attractions and employment centers of Broward County. The Sawgrass Expressway bypasses the northern and western borders of the submarket by connecting points of access at Florida’s Turnpike near Pompano Beach to the intersection of

Interstates 75 and 595 near Fort Lauderdale. The Property is only minutes west of the Sample Road on-ramp to Florida’s Turnpike and Interstate 95. The impressive inter-connectivity of Coconut Springs-Margate-Coconut Creek to Miami, Naples, and other regional destinations make the area extremely desirable as a place to live in South Florida.

RETAIL ANCHOR SPACE UP TO 75,256 SF FOR LEASE

PHYSICAL DESCRIPTION

YEAR BUILT / RENOVATED1989/2016

LEGAL DESCRIPTIONParcel ID: 48-41-24-10-0010

SITE/LAND AREA157,152 SF / ±18 AC

CONSTRUCTIONConcrete slab on grade

FOUNDATIONReinforced concrete slab over reinforced concrete footings

WINDOWSStorefront glass with aluminum frames

LIGHTINGLED upgradecommercial fluorescent &incandescent fixtures in parking lots

EXTERIOR FINISHConcrete block construction with stucco

ROOFBuild-up flat roof over steel joist

* Roof installed 2008 with preventative maintenance done in 2017.

PARKING675 total spaces5/1,000 SF of Bldg.

AIR CONDITIONING / HEATINGIndividual package units

UTILITIESFlorida Power and Light (FP&L)City of Margate Water and Sewer

SITE AMENITIES / IMPROVEMENTS$300K in upgrades

• Landscaping• Site lighting (LED)• Parking lot seal & stripe• Hardscape repairs• Building paint• Fire sprinkler system• Two (2) exterior loading docks• Backup generator• Three (3) Monument signs

* U.S. 441* U.S. 441/NW 31st St.* NW 31st St.

• Three (3) access points* NW 31st St.* NW 62nd Ave.* Bland Rd. (future)

N

NW 31st St (15,800 ADT)

NW 31st St (15,800 ADT)

41,500 ADT

41,500 ADT

VIEW FACING NORTH

Bob Sherman - Sr. Vice PresidentRoss Realty Investments, [email protected]

ross-realty.com