This property is Off-Market

1800 Eller Drive
Fort Lauderdale, FL 33316 ·

99,851 SF · Office For Sale

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1800 Eller Drive

Price N/A Building Class B
Building Size 99,851 SF Tenancy Multiple
Property Type Office Property on Ground Lease? Yes
Property Sub-type Office Building Year Built 1984
Property Use Type Investment Lot Size 5.62 AC
Occupancy 84% APN / Parcel ID 5042-23-14-0023
No. Stories 6 Parking Ratio 4.80 / 1,000 SF
Listing ID: 15322323 Date Created: 09/05/2007 Last Updated: 04/10/2008

Description

1800 Eller Drive is comprised of a 99,851 rentable square foot office building situated on roughly 5.625 acres which is owned by Port Everglades. The office building is currently 83.5% leased in a multi-tenant capacity to (9) well known local, regional and national tenants. The building provides outstanding identity for tenants within the building. The parking ratio is 4.8 spaces per 1,000 rentable square feet. 1800 Eller Drive is in excellent physical condition and very attractively landscaped. Major renovations over the past several years have positioned the building for accelerated rent growth in the coming years.

1800 Eller Drive is located on Eller Drive just east of the intersection of I-595 and US Hwy 1 and just west of the Port Everglades security checkpoint. The property is minutes from the Fort Lauderdale International Airport and the Downtown Fort Lauderdale business district. The access to road infrastructure in the area in unparalleled as the intersection of I-595 and US Hwy 1 is only one half mile from the property. I-595 represents the main East-West thoroughfare for the Fort Lauderdale metropolitan area and US Hwy 1 is a close North-South alternative for travel to Downtown or Hollywood. I-95 which is roughly 3 miles from the property, is the main North-South interstate in South Florida. It allows for ease in access north to West Palm Beach and South to Miami. Many tenants choose this location due to convenience in airline and local travel. The property is truly at the center of the South Florida market in that it is only 19 miles from downtown Miami, 16 miles from Weston and 20 miles from Boca Raton.

Highlights

  • 83.5% Leased
  • Well Staggered Lease Expiration Schedule
  • Nich Market with Port Related Industries
  • Positioned to Capitalize on Strong Rental Growth
  • Credit Tenants (36% G.S.A)
  • Exceptional Access to I-595, I-95, Downtown Fort Lauderdale and Fort Lauderdale International Airport

Research

1800 Eller Drive, Fort Lauderdale, FL 33316 (Broward County)

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