270-330 S University Dr - Office FOR SALE


Plantation, FL 33324
$9,250,000 USD
954-331-1726
270-330 S University Dr, Plantation, FL for Sale
$9,250,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

270-330 S University Dr
Plantation, FL 33324


HIGHLIGHTS

  • Rare First-Time Offering Generational asset held by the original developer’s family since 1974, now available for acquisition for the first time.
  • Premier Location & Visibility Directly Across from Broward Mall and Midtown Group’s Highly Anticipated Redevelopment Mixed-Use Project.
  • Diverse, Resilient Tenant Mix supporting stable cash flow and long-term demand and featuring above market parking ratio of 6.55/1,000 SF.
  • Significant Value-Add Potential Recent renovations and below-market rents create a compelling opportunity for rental growth and increased NOI.
  • Strong Demographics & Accessibility Over 150,000 residents within 3 miles and immediate access to I-595, Florida Turnpike, I-95, Sawgrass Expressway.
  • Catalyst for Future Growth Adjacent 17.8 AC mixed-use redevelopment at Broward Mall will further enhance area value and foot traffic.

OVERVIEW

CBRE, Inc., as the exclusive advisor, is pleased to present the opportunity to acquire the “Plantation Executive Building,” a ±27,283-square-foot mixeduse retail and office asset prominently located in the heart of Plantation’s Midtown District. Positioned directly across from the main entrance of the Broward Mall, this generational property has been held by the original developer’s family since its construction in 1974 and is now being offered for sale for the first time. This high-profile asset enjoys exceptional visibility with over 48,000 vehicles passing daily and benefits from strong pedestrian traffic along one of Broward County’s busiest corridors. The property features a wellbalanced mix of retail, medical, office, and restaurant tenants, making it a dynamic and resilient investment. The Plantation Executive Building has undergone substantial renovations and capital improvements yet still offers significant upside-down potential. Current in-place rents are well below market, providing a compelling value-add opportunity for investors to capitalize on future rental growth in a thriving submarket.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plantation Executive Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

180

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

M-PM

APN/PARCEL ID

50-41-09-18-0010

ASK ABOUT THIS PROPERTY

954-331-1726

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954-331-1726

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