(Off-Market) We are Direct to the broker, not the Seller (Off-Market)

 Overview:

• Price: $20,000,000
• Broker Fee: 3%
• Direct CAP Rate Y1: 7.13%
• Buildings: 4
• Tenants: 29
• Gross Leasable Area (GLA): 75,419 SF
• Land: 5.56 Acres
• Parking Ratio: 5.00/1,000 SF
• In Place Rent: $21.68 NNN PSF per annum
• Market Rent: $35.00 PSF
• Annual Rent Growth: 8.5%
• Occupancy: 100%
• Weighted Average Lease Term (WALT): 3 Years
• Average Tenant Tenure: 10 Years
• Lease Structure: Absolute NNN, 3-year term with 3% or CPI increases at renewal
• Zoning: C-2 General Commercial

Key Highlights:

• This prime retail center offers a synergistic mix of service and lifestyle-oriented tenants.
• The property's diverse tenant mix ensures a stable and growing income stream.
• Located in a highly visible and accessible area, the center enjoys a robust and growing local market.
• The absolute NNN leases provide a secure investment with minimal landlord responsibilities.
• The retail center’s strong occupancy rate, long-term tenant commitments, and consistent rent growth make it an attractive investment opportunity.
• The property’s location in Jupiter, an area known for its affluent demographics and steady economic growth, adds to its appeal.
• The blend of national and local tenants provides a balanced mix, catering to a wide range of consumer needs.