Minimal Landlord Responsibilities: The asset is currently 100% occupied by 7 tenants, with 6 operating under NNN leases, resulting in limited ongoing management and expense exposure.
Diversified Tenant Mix: The center features a balanced blend of boutique retail, food service, and fitness uses, reducing reliance on any single tenant or industry.
Stabilized, Fully Leased Asset: 100% Occupancy provides immediate, in-place cash flow from day one with no near-term leasing risk.
Management Fee Reimbursement: Five tenants have leases that provide for reimbursement of a management fee, resulting in limited landlord involvement and improved cash flow efficiency.
Excellent Visibility & Traffic: Positioned on Land O’ Lakes Blvd, a major north–south arterial, the property sees approximately ±40,500 VPD, reinforcing long-term tenant demand.
Strong Retail Synergy: Located just south of large national retailers such as Publix, Culver’s, Mcdonald’s, Wendy’s, Taco Bell, Truist, and many more.
High-Growth, Affluent Trade Area: The center is situated within a rapidly expanding market, with population growth averaging 3.3% annually from 2020 to 2024 and projected to accelerate to 4.2% annually through 2029. The surrounding 3-mile trade area supports strong consumer spending, with average household incomes of approximately $122,800.