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600 S Andrews Ave
Fort Lauderdale, FL 33301
Courthouse Tower · Bureau Bien À vendre
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- CLEAR VALUE-ADD OPPORTUNITY: Low in-place occupancy (~35–40%) provides immediate upside through lease-up.
- COURTHOUSE-DRIVEN DEMAND: Direct proximity to the Broward County Courthouse and a federal courthouse under construction (expected 2026).
- PARKING ADVANTAGE: Dedicated parking plus nearby structured parking, a key differentiator for downtown office assets.
- PREMIER DOWNTOWN LOCATION: Located in the courthouse district of Downtown Fort Lauderdale, one of the most active and tenant-driven office submarkets.
- MARK-TO-MARKET RENT POTENTIAL: Existing rents are below market, allowing for revenue growth as leases roll and new tenants are signed.
Résumé analytique
Marcus & Millichap is pleased to present Courthouse Tower, a ±37,000 square foot office building located in Downtown Fort Lauderdale. The property presents a clear value-add opportunity, currently operating at approximately 35–40% occupancy, allowing an investor to drive significant upside through lease-up and repositioning.
The asset is ideally situated along Andrews Avenue within Fort Lauderdale’s courthouse district and benefits from proximity to both the Broward County Courthouse and a federal courthouse currently under construction with expected delivery in 2026. This location consistently attracts legal and professional tenants and remains one of the most demand-driven pockets of the downtown office market.
With meaningful vacancy and below-market in-place rents, the property offers a straightforward path to increasing cash flow through leasing activity and mark-to-market rent growth. Upon stabilization, the asset is projected to generate NOI in the mid-$600K range, representing a substantial increase from current performance.
The asset is ideally situated along Andrews Avenue within Fort Lauderdale’s courthouse district and benefits from proximity to both the Broward County Courthouse and a federal courthouse currently under construction with expected delivery in 2026. This location consistently attracts legal and professional tenants and remains one of the most demand-driven pockets of the downtown office market.
With meaningful vacancy and below-market in-place rents, the property offers a straightforward path to increasing cash flow through leasing activity and mark-to-market rent growth. Upon stabilization, the asset is projected to generate NOI in the mid-$600K range, representing a substantial increase from current performance.
Informations sur l’immeuble
Type de vente
Investissement
Condition de vente
Bien à vacance élevée
Type de bien
Bureau
Surface de l’immeuble
3 470 m²
Classe d’immeuble
B
Année de construction
1987
Pourcentage loué
42 %
Occupation
Multi
Hauteur du bâtiment
7 étages
Surface type par étage
496 m²
Coefficient d’occupation des sols de l’immeuble
2,14
Surface du lot
0,16 ha
Zonage
RAC-CC - Regional Activity Center - City Center
Stationnement
113 places (7,49 places par 1 000 m² loué)
Caractéristiques
- Accès 24 h/24
- Ligne d’autobus
- Signalisation
- Climatisation
Taxes foncières
| Numéro de parcelle | 50-42-10-01-5660 | Évaluation des aménagements | 2 784 900 € |
| Évaluation du terrain | 2 699 172 € | Évaluation totale | 5 484 072 € |
Taxes foncières
Numéro de parcelle
50-42-10-01-5660
Évaluation du terrain
2 699 172 €
Évaluation des aménagements
2 784 900 €
Évaluation totale
5 484 072 €
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