17th Street Office Portfolio_Property for Sale
17th Street Office Portfolio_Property for Sale

17th Street Office Portfolio

Fort Lauderdale, FL, US, Americas

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 17th Street Office Portfolio (“the Portfolio”), a 65,618 square foot office portfolio located on the vibrant 17th Street Corridor in Fort Lauderdale, FL. The Portfolio is 100% leased to two tenants and consists of two buildings, the 1600 and 1550 Buildings, being offered fee-simple and 4 office condominiums located in a third building, the 1510 Building.


This Opportunity is available at a significant discount to replacement cost and offers potential investors strong in-place cash flow coming from two tenants, Princess Cruise Lines and Denison Yachting, who have invested heavily into mission critical locations at their respective properties. With its strategic location along Fort Lauderdale’s most important artery for tourism, the 17th Street Office Portfolio will continue to thrive as a home for tenants operating in the Fort Lauderdale’s booming marine and tourism industries and offers potential for future redevelopment.

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Attributes

Building area gross
65,619 sf
Occupancy
100%
Tenants
Princess Cruise Lines & Denison Yachting
17th Street Office Portfolio (3 Properties)
17th Street Office Portfolio (3 Properties)

Media

Investment Highlights

  1. 100% LEASED OFFICE PORTFOLIO to Two Tenants, Princess Cruise Lines (52,837 RSF; LXP: 3/2028) and Denison Yachting (12,781 RSF; LXP: 5/2033)
  2. STRATEGIC PORT EVERGLADES-ADJACENT LOCATION Caters to Tenancy in the Marine and Tourism Industries and Offers a Unique Value Proposition
  3. THE 17TH STREET CORRIDOR’S REVITALIZATION AND GROWTH CONTINUES with the Completion of the Broward County Convention Center Expansion and the 801-Room OMNI Hotel
  4. FUTURE MARKET-TO-MARKET OPPORTUNITY as In-Place Rents are Significantly Below Market
  5. POTENTIAL FOR FUTURE REDEVELOPMENT in Line with Recently Proposed Live Local Projects Along 17th Street, Currently Zoned B-1
  6. AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO – The 1600 and 1550 Office Buildings Are Being Offered Fee Simple, and 4 Office Condos Are Being Offered in the 1510 Building
17th Street Office Portfolio 4_Property for Sale
17th Street Office Portfolio 4_Property for Sale

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Last updated
8 Jul 2025