Investment Overview

Marcus & Millichap is proud to present for sale Plantation Place located at 8751 West Broward Boulevard. Plantation Place is a class B office asset offering approximately 61,495 square feet of rentable area situated on a 3.31-acre parcel, boasting over 300 feet of frontage on West Broward Boulevard. The subject falls within the Plantation Midtown District (M-PM Mixed-Use). This district is characterized by low-rise development with office, medical and retail employment centers. M-PM zoning allows for a variety of permitted uses; mainly commercial with a residential component (See listing agent for a copy of all permitted uses). The subject has approximately 234 surface parking spaces or 3.8 parking spaces per 1000 square-feet of rentable area. Plantation Place was built in 1974 and has been exceptionally maintained throughout current ownerships tenure. Over $800,000 of capital improvements were performed on Plantation Place, (See below for a list of capital improvements). The subject is located near most major highways including approximately one-mile north of Interstate 595, three-miles west of the Florida Turnpike, six-miles west of Interstate 95 and five-miles east of the Interstate 75/Sawgrass Expressway junction Majority of tenants include professional services catering to the community, due to the close proximity to the Broward County West Regional Complex, directly across the street. Plantation Place is one of the most centrally located office assets in Broward County with a strong upside in both rent income and occupancy with easy access to residential, retail, and entertainment within minutes of the Fort Lauderdale Airport.