Atrium Executive Plaza at 499 NW 70th Avenue in Plantation’s business district offers an outstanding office asset investment opportunity. Spanning three stories of 86,837 square feet, the property sits on over 6 acres enriched by tropical gardens, ponds, fountains, waterfalls, and a pedestrian bridge. Recently renovated interiors and ongoing exterior improvements create a welcoming environment that supports a diverse tenant mix of medical, legal, educational, and professional services. With 23 suites ranging from 981 to 14,547 square feet, the building is approximately 78% leased, providing stable cash flow with upside potential through additional lease-up opportunities.
Near key demand drivers, Atrium Executive Plaza benefits from proximity to Plantation General Hospital, Westside Regional Medical Center, and government offices such as city hall and the police department. Tenants enjoy swift access to retail and dining at Plantation Walk, Broward Mall, and nearby centers, along with strong regional connectivity, five minutes from Florida’s Turnpike, seven minutes from Interstate 595, 10 minutes from Interstate 95, and about 20 minutes from Downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport (FLL).
Plantation is a thriving suburban community with seamless access to South Florida’s economic core. The 5-mile trade area includes more than 429,000 residents and 667,000 employees, supported by household incomes well above the regional average. Offered at $12,495,000, Atrium Executive Plaza provides investors with a projected 2024 net operating income (NOI) of $721,440 and a 5.77% cap rate, presenting a rare opportunity to acquire a stabilized, income-producing asset with long-term growth potential in one of Broward County’s strongest office submarkets.