8751 W Broward Blvd - Office FOR SALE


Plantation, FL 33324
$12,250,000 USD
844-504-2568
8751 W Broward Blvd, Plantation, FL for Sale
$12,250,000 USD
Office - FOR SALE
1/10
null | 7.59% Cap Rate

8751 W Broward Blvd
Plantation, FL 33324


HIGHLIGHTS

  • 61,881 SF 5-story office building with prime location in Plantation, FL.
  • $929,897 NOI providing immediate returns with a 7.6% cap rate.
  • Triple net leases in place, reducing operational expenses for investors.
  • Below-market rents offering potential for future income growth
  • No deferred maintenance, minimal capital expenditures required.
  • Roof under warranty and new elevators,

OVERVIEW

Marcus & Millichap proudly presents Plantation Place, a premier five-story office building in the heart of Plantation, FL. This 61,881-square-foot asset offers immediate cash flow, generating $929,897 in net operating income with a 7.59% cap rate. With triple net leases in place, investors benefit from minimal operational expenses, while below-market rents present a strong opportunity for future income growth. 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. The property features 234 surface parking spaces, providing 3.8 spaces per 1,000 square feet of rentable area for tenants and visitors. Positioned in one of South Florida’s most resilient office markets, it benefits from corporate relocations, population growth, and sustained economic expansion, driving strong tenant demand and high occupancy rates. Centrally located in the Plantation Midtown District with excellent connectivity to I-95, I-595, I-75, the Florida Turnpike, and Fort Lauderdale-Hollywood International Airport, the property offers high visibility along Broward Boulevard with monument signage availability. Surrounded by major retail, dining, hotels, and full-service hospitals, Plantation Place is an ideal investment for long-term stability and appreciation.

FOR SALE DETAILS

PRICE

$12,250,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Plantation Place

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

234

LAND DETAILS

LAND ACRES

3.31 AC

LAND SF

144,184 SF

ZONING

M-PM

APN/PARCEL ID

50-41-04-32-0010

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
844-504-2568

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Alex ZylberglaitMarcus & MillichapMore Info
844-504-2568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.