Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2000
Building Area Net
Occupancy 100.0 %
Call for Offers 2022-02-03

Asset Description

Jones Lang LaSalle (“JLL”) licensed real estate broker, has been retained to offer for sale a leasehold interest in Page Field Commons, a market dominant, 318,187 sf Trader Joe’s anchored community retail center located in the rapidly growing Southwest Florida market of Fort Myers, Lee County, Florida. 


This offering represents the opportunity to acquire a truly dominant grocery-anchored community center with a bondable revenue stream from strong balance sheet tenancy, below market anchor rents, and value enhancement potential at pricing significantly below reproduction cost.

Investment Highlights

  • GROCERY-ANCHORED REGIONALLY DOMINANT RETAIL DESTINATION - Page Field Commons is a 318,187 square foot grocery-anchored community center that is 100% leased to several of the industry’s leading retailers.
  • HIGHLY SYNERGISTIC LEADING NATIONAL RETAILERS - National tenancy represents over 96% of the GLA and is comprised of a diverse and highly complementary tenant mix.
  • RECENTLY UPGRADED TENANCY - Within the past 11 months, the Property has added Trader Joe’s, Ross Dress for Less, HomeCentric, Papaya, The Standard, Skechers, Pacific Dental and Qdoba representing 90,620 SF of leasing volume.
  • UNPARALLELED SCALE, FUNCTIONALITY AND ACCESSIBILITY - 23 unique retail and restaurant tenants.
Last Updated Date: 12 Jan 2022

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Last Updated Date: 12 Jan 2022

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