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PENINSULA TOWN CENTER
BUILDINGS L&M AND BUILDING J
Peninsula Town Center - Buildings L & M: (the “Properties”) are 92% leased retail strip centers located within the high-profile Peninsula Town Center lifestyle development. Positioned along the primary thoroughfare to the Town Center and adjacent to Target, the Properties benefit from excellent visibility, easy access, and ample surface parking. The Properties food & beverage tenants make up 96% of the occupied SF and average an impressive $690/SF in sales. Furthermore, the Properties average tenant tenure is over 10 years creating a stable cash flow with value-add opportunities.
Peninsula Town Center – Building J: (the “Property”) is a fully leased retail strip center located in the high-profile Peninsula Town Center lifestyle development. Situated directly at the primary entrance to the Town Center and adjacent to Target, the Property benefits from excellent visibility, easy access, and dedicated surface parking. Over 83% of the Property’s revenues come from national and regional credit tenants with an incredible 12 years of average tenure providing stable cash flow for years to come.
Colliers is marketing PTC Retail Building J + Building's L+M and encourages bidders to review both offering memorandums, which can be acquired with or separate from this offering.
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