10580 Colonial BlvdFort Myers, FL 33913
Shoppes at Pelican Preserve
The Shoppes of Pelican Preserve offers investors the unique opportunity to acquire a very well located grocery-anchored shopping center with a new shadow-anchor Eos Fitness, that serves a high-income and broad trade area and includes a high-value ground lease outparcel.
Overview
TSCG, as the exclusive agent for the Owner, is pleased to present The Shoppes of Pelican Preserve for sale in Fort Myers, Florida. The Shoppes at Pelican Preserve is presently anchored by a high-volume Winn Dixie store that has operated at the Property since 2007. The offering also includes an outparcel with a ground lease signed with Eliano’s Coffee on a separate tax parcel. The Shoppes at Pelican Preserve totals 69,475 square feet of gross leasable area, is presently 98% leased and was constructed in 2007. Adjacent to the Property and sharing the parking lot but not included in the offering will be a new EoS Fitness.
Investment Highlights
- Premier, strategic location at signalized intersection on Colonial Boulevard
- Anchored by a high-volume Winn Dixie
- 950K visits in the past twelve months, before opening of Eos Fitness.
- High-value outparcel ground-leased to Eliano’s Coffee included and separately parceled
- Average base rents at the center are $17.55/SF, providing runway for rent growth
- Future upside available through charging station potential
- Affluent trade area with $110,245 AHHI and 57,340 residents within a ten-minute drive
- Future population growth anticipated with 6% annual growth rate between 2025 – 2030 within a five-minute drive
- New Eos Fitness as a shadow-anchor under construction and other complementary separately owned outparcels include 7-11, Heartland Dental, Tire Kingdom and future Taco Bell.
- Excellent visibility from Colonial Boulevard
- Class “A” retail center that has been professionally managed and maintained
- Long-standing tenants with proven stability and history of renewing
- Offered free and clear of financing
Photo Gallery
10580 Colonial BlvdFort Myers, FL 33913
Sales Team
Lynn De MarcoSenior Managing Director Investment Sales
License #: NY40DE1097567, NJ8530470
(646) 664-0413lynn.demarco@tscg.comListing provided by Revere CRE