Investment Overview

Marcus & Millichap is proud to present for sale Plantation Place, a premier five-story office building located at 8751 W. Broward Boulevard in Plantation, Florida. This 61,881-square-foot property sits on a 3.31-acre lot in the heart of Plantation, offering investors a well-positioned asset with strong financial performance. The property generates a net operating income of $876,526, providing immediate and stable returns. With triple net leases in place, investors benefit from reduced operational expenses. Additionally, rents are currently below market rates, presenting a significant opportunity for future income growth through lease adjustments. With approximately 234 surface parking spaces, providing a ratio of 3.8 spaces per 1,000 square feet of rentable area, the property ensures ample parking for tenants and visitors. Located within the Plantation Midtown District (M-PM Mixed-Use), this office asset offers flexibility for a variety of permitted uses. Plantation Place has excellent connectivity to Miami, Fort Lauderdale, and major business hubs. Centrally located in Broward County, adjacent to the Broward County West Regional Courthouse, the area provides seamless access to I-95, I-595, I-75, the Florida Turnpike, and Fort Lauderdale-Hollywood International Airport. The city’s commitment to economic growth is evident in ongoing commercial and residential developments, including the recent expansion of the University of Miami Sylvester Cancer Center located in Plantation Crossroads Office Park. The surrounding area offers unmatched convenience with nearby retail, dining, hotels, and full-service hospitals. The property’s Broward Boulevard frontage ensures high visibility, while building engineers provide seamless operations. Monument signage is available, enhancing brand presence in this thriving business hub. Plantation Place is a turnkey investment with no deferred maintenance, a roof under warranty, and brand-new elevators, ensuring minimal capital expenditures for new ownership. Located in one of South Florida’s most resilient office markets, the property benefits from corporate relocations, population growth, and sustained economic expansion, driving strong tenant demand and high occupancy rates. Offering immediate cash flow and long-term appreciation potential, Plantation Place allows investors to capitalize on rent adjustments and steady tenant retention, making it a stable, income-producing asset with significant upside in a prime, well-connected location.