This newly constructed Chipotle is located near the signalized, hard corner intersection of State Road 7 and Atlantic Boulevard, averaging more than 114,000 combined vehicles passing by daily and is less than 2 miles West of the Florida’s Turnpike Which sees 105,700 vehicles per day. The site is positioned as an outparcel to a 153k+ SF Walmart Supercenter and is adjacent to Lakewood Shopping Center, a 236k+ SF shopping mall with 41 stores that includes anchoring tenants such as Marshalls, Harbor Freight Tools, and Ross. The subject property also benefits from being minutes from Broward College North Campus which has over 32,000 students enrolled and has the second-largest enrollment within the Florida College System.  The 5-mile trade area is supported by more than 424,000 residents and 200,000 employees with an average household income of $85,537. Margate is a city in Broward County, Florida and is part of the Miami metropolitan area, which was home to 6,166,488 people in 2020. Margate was founded in the 1950s, when much of it was still either part of the Everglades or farmland. It became a town in 1955, when land development became prominent due to an influx of people moving to Margate. In 1961, it was officially incorporated as a city. The name Margate is a portmanteau of the first three letters of the founder's last name, Jack Marqusee, and the first four letters of gateway, since it was considered a "gateway" to western Broward County. The city has a waterpark called Calypso Cove and two golf courses: The Carolina Golf Club and the Oriole Golf and Tennis Club. Margate is 45 minutes north of Downtown Miami and 27 minutes NE of Fort Lauderdale, FL.