Marcus & Millichap is proud to present the Saban Professional Building, a three-story medical of?ce building located in Fort Lauderdale, Florida. The property is located at 2151 East Commercial Blvd, with approximately 150 feet of frontage. The property was originally built in

1982 and has been exceptionally maintained throughout the current ownership’s tenure. The subject consists of 23,000 square feet of

rentable area situated on 0.52 acres of land and is zoned B-1 - BOULEVARD BUSINESS. Current zoning allows for a variety of permitted uses, including medical office, health care, and fitness facilities, adult day care centers, and mixed-use developments. The subject has 51 surface/sub-terranean parking spaces.

Saban Professional Building is approximately 89% occupied with a mix of professional and medical office tenants. This asset is positioned to be well received and strongly sought after by owner uses and investors alike. The Fort Lauderdale office market has shown strong rent growth and a decline in the vacancy rate. This area provides a high concentration of of?ce-using employment, focused on industries such as healthcare, ?nance, and insurance.

This asset sits at the intersection of two major transit corridors, East Commercial Boulevard, and North Federal Highway, with a combined traf?c count of over 80,000 vehicles a day and provides easy access to all major locations in Fort Lauderdale, including Interstate 95, Fort Lauderdale-Hollywood International Airport and Fort Lauderdale Executive Airport. This medical office asset is strategically located across the street from Holy Cross Hospital’s main campus and is less than a five-minute car ride to Broward Imperial Point Hospital.

The Saban Professional Building has below rental rates creating an excellent value-add investment opportunity.