Square One 351 S Cypress Rd 46,462 SF 88% Leased Office Building Pompano Beach, FL 33060 For Sale

Marcus & Millichap is pleased to present 351 Plaza, a prominent office property located in the thriving city of Pompano Beach, Florida. The property offers a rare opportunity for investors, benefiting from its Mixed Use (MXE) zoning, which allows for a broad spectrum of uses including office, commercial, residential, and entertainment spaces. This flexibility positions the property as an ideal investment for a variety of operators looking to capitalize on the area's increasing demand for office and mixed-use developments.
Spanning 46,462 square feet across two floors, 351 Plaza is designed to meet the needs of modern businesses. The building features open, adaptable floor plans with ample natural light, providing a variety of suite configurations. With an occupancy rate of 88.07%, the property has demonstrated strong demand from tenants and offers substantial potential for growth. The flexible design also allows for creative mixed use opportunities, accommodating businesses seeking both office and retail space within a single property. The property’s location is a key driver of its value. Situated in the heart of Pompano Beach, 351 Plaza is easily accessible from major highways including I-95 and the Florida Turnpike. This strategic positioning provides tenants with excellent visibility and connectivity to both Fort Lauderdale and Miami, making it a desirable destination for businesses seeking proximity to major South Florida markets. The area is home to a dynamic mix of businesses, retail establishments, and residential communities, further increasing the property’s appeal. Pompano Beach itself is a rapidly growing hub with significant investment and development activity. The city houses over 28 million square feet of industrial space, including two Amazon distribution centers, highlighting its strength as an industrial powerhouse. The ongoing redevelopment of key areas in Pompano Beach, along with its increasing popularity as a business destination, provides a solid foundation for long-term economic growth. 351 Plaza is strategically positioned to benefit from these trends, offering a prime opportunity for investors in this vibrant market. For investors seeking a prime, well-located asset in one of South Florida's most desirable markets, 351 Plaza offers a unique opportunity. The property’s mixed-use zoning, strong occupancy, and strategic location make it an ideal addition to any portfolio. With the potential for further value creation through lease-up and renovation, 351 Plaza represents not only a solid income-producing property but also a strategic position in the future of South Florida's real estate market.