AC HOTEL BY MARRIOTT FORT LAUDERDALE SAWGRASS MILLS SUNRISE

Sunrise, Florida

Hunter Hotel Advisors has been exclusively retained relating to the solicitation of offers to acquire the fee-simple interest in the 174-room AC Hotel Fort Lauderdale Sawgrass Mills/Sunrise. Opened in March 2021, the AC Hotel is situated on an irreplaceable parcel of real estate steps from the largest premium single story outlet mall in the US and third most visited attraction in Florida with 21 million annual visitors (second only to Disney World and Universal Studios), Sawgrass Mills; and Florida’s premier NHL, multi-sport, and concert event venue, Amerant Bank Arena. Positioned as the flagship and only hotel at Sawgrass Mills and Amerant Bank Arena, the Property is centrally located at the doorstep of over 2.4 million square feet of premium retail and F&B space, a 20,737-capacity state of the art arena, and within 3 miles of $2.5 billion of real estate development projects.

The opportunity to acquire a newly developed, institutional-quality asset, affiliated with the AC by Marriott brand steps away from the largest single story premium outlet mall in the country is seldom offered for sale. The Hotel’s dynamic location, strong in place cash flows with additional upside potential associated with the hotel’s recent delivery, diverse incoming demand generators, and unique level of highly upscale, custom-built amenities position this offering as one of the most attractive long-term lodging investment opportunities available today.

PROPERTY OVERVIEW.

The AC Hotel Fort Lauderdale Sawgrass Mills/Sunrise offers a prime location in Sunrise, Florida, on the grounds of Sawgrass Mills a Simon Center, one of the largest shopping centers in the U.S. With over 2.3 million square feet, 400 outlet stores, and 21 million annual visitors, it’s one of Florida’s top attractions.

1870 Sawgrass Mills Cir, Sunrise, FL 33323
174 / 8
2021
Feel simple

INVESTMENT HIGHLIGHTS.

Newly Built, Design-Led Lifestyle, Institutional Quality Asset. Delivered in 2021 as an AC by Marriott, the offering represents an extraordinary opportunity to acquire a newly constructed asset built to the highest standards. The property features unrivaled F&B and meeting space in the market, featuring the 2,400 square foot Horizon Rooftop.

Irreplaceable Location. The Hotel is located at the doorstep of Sawgrass Mills Mall, Amerant Bank Arena, and within 3 miles of $2.5 billion of real estate development projects.
Cash-flowing Asset with Upside Potential. The Hotel currently generates a ~$160 RevPAR and is producing strong cash flows with significant upside remaining. The quality of the asset coupled with the growing market and operational / expense saving upside potential will result in significant revenue and NOI growth potential for investors.
Fee-Simple, Non-Union, Management Unencumbered Offering. The fee simple Property is offered unencumbered by management and located in a non-union labor market.

RECENTLY BUILT WITH BUSINESS & LEISURE TRAVELERS IN MIND.

FORT LAUDERDALE/SUNRISE, FL.

Sunrise is a vibrant city located in central-western Broward County, serving as a key hub within the Miami Metropolitan area. With a population of 96,291 in 2023, the city covers 18.4 square miles and is strategically positioned just 10 miles west of Fort Lauderdale. Sunrise’s economy is anchored by its largest industries, including health care, retail trade, and accommodation & food services. These sectors drive the city’s growth and provide essential services to both residents and visitors. As a principal city in one of Florida’s most dynamic regions, Sunrise plays a vital role in the broader economic landscape of the Miami metropolitan area.

Sawgrass Mills stands as the largest single story outlet mall in the nation and ranks among the largest malls in the country, sprawling over 2.37 million square feet. Sawgrass Mills has the 11th highest total retail floor area in the nation, and one of the highest concentrations of luxury brands. With more than 400 retail outlets and 30 anchor tenants, the mall attracts over 21 million visitors annually, with at least 60% of them being tourists who will stay in a hotel in the area. Designed in the shape of an alligator, The Colonnade Outlets at Sawgrass Mills additionally has over 70 exclusive outlets with multiple stores not found anywhere in South Florida. These outlets including Burberry, GUCCI, Jimmy Choo, Prada, Salvatore Ferragamo Company Story, Tory Burch, and Versace.
Amerant Bank Arena, home to the NHL’s Florida Panthers, is the largest indoor arena in Florida and one of the top-ranked venues in the world. With a seating capacity of 20,000, the arena offers 70 suites and 2,623 club seats, providing an exceptional experience for sports fans and concertgoers alike. The arena spans 872,000 square feet, including a 17,000-square-foot arena floor space, making it a versatile venue for a wide range of events. In 2024, Amerant Bank Arena celebrated the Florida Panthers’ victory in the Stanley Cup playoffs, further cementing its reputation as a premier sports destination. Beyond hockey, the arena hosts a variety of events, including wrestling, boxing, bull riding, and concerts. It has seen performances by global icons such as Elton John, Harry Styles, Beyoncé, and Lizzo. Annually, the arena welcomes 1.2 million visitors across 52 events, making it a vibrant hub of entertainment and activity in Florida.
Adjacent to this hotel is Metropica, a transformative $1.5 billion residential and mixed-use development. Covering 48 acres, Metropica is a 4 million square foot project that will feature 2,500 residential units, 480,000 square feet of retail space, and 650,000 square feet of office space. The development has recently completed one of its condo buildings, further enhancing the area’s appeal as a dynamic and integrated community hub.

HUNTER HOTEL ADVISORS is the nation’s leading investment advisory firm focused exclusively on the hotel industry. Our seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed us to consistently maximize value regardless of market conditions.