$18.1 Million. FLORIDA Regional Shopping Center Investment

  • Price: 18100000.00 $
  • Bedrooms: Shopping Center
  • Bathrooms: 0

The Property is anchored by Winn Dixie and JC Penney, both of which have long occupancy history at the center.

Winn Dixie has term through 2019 and had sales of $341/SF in 2013 (17% above company-wide average).

JCPenney's sales were $99/SF in 2013 has term through 2017


86% of the currently leased tenancy at the Property has been in occupancy at the center for at least ten years.

The trade area has seen tremendous growth in the last decade. Cumulative population growth within three miles of Jacksonville Regional was 20%.

Financial Highlights

Price 18,100,000 + 3 % closing fee

NOI $1,446,847

Cap Rate 8%

GLA 219,735 SF

Occupancy 95.5%

Please contact us for detailed information and all the financials.

Please note: This opportunity is subject to an agency fee of 2% payable to Best USA Property Investments.

Please complete the Enquiry Form for full details.

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