Building Description
Executive Summary
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.
Approved Uses by Zoning — Restricted Business (B-4P)
Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.
Allowed by right
Business service center/postal center, Employment agency, Travel agency, Amusement arcade, Auditorium or theater, Restaurant - dine in, Restaurant - take out, Auto parts store (new retail), Car wash (automated), Contractor's office (office only - no storage), General or professional office, Bank and financial institution, Beauty parlor/barber, Dry cleaning or laundry drop-off establishment, Funeral home or mortuary, Personal and household goods repair establishment, Tailoring/alterations/shoe repair, Art gallery, Auto tag agency, Book or media shop, Detective agency, Specialty market (meat, bakery, etc.), Photography studio, Library, Museum, Business school, Specialty school (2,000 sq. ft. or less), Driving school, Modeling schools, Post office, Medical or Dental office, Urgent care facility, Outpatient surgical center/ambulatory care facility, Civic Associations, Lodge or club (private), Repair of consumer electronics, Residences, single-family or duplex
With special approval
Bowling alley, Caterers, Restaurant bar, Restaurant entertainment, Car wash/detailing (attendant), Government Administrative Office, Art, music, dance studio, Convenience store, Drug store or pharmacy, Adult day care center, Child day care center, Educational tutoring, Specialty school (over 2,000 sq. ft.), Medical or dental lab
Read the full B-4P zoning guide ›
