Atrium Executive Plaza 499 NW 70th Ave 86,837 SF 80% Leased Office Building Plantation, FL 33317 $12,495,000 ($143.89/SF) 5.77% Cap Rate

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.
Great land value and strategic commercial development positioning just 1.3 miles west of the Florida Turnpike, less than one mile east of University Drive and between West Broward Boulevard and Sunrise Boulevard, Atrium provides excellent visibility and convenient access for both tenants and visitors. The property is minutes from Plantation Walk and Broward Mall, and sits within two miles of eight hospitals and medical centers, reinforcing its suitability for medical and professional uses today while supporting future commercial redevelopment potential.
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.