Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Year Built 2001
Building Area

Property Description

JLL Capital Markets, as exclusive broker, is pleased to offer the excellent opportunity to acquire Boyd Market Center, a 102,066 square foot retail center anchored by leading national tenants Conn’s HomePlus, Planet Fitness, and Shoe Carnival, located in the Ocala market.

Investment Highlights

  • Shadow Anchored by one of the Top 11% most visited Walmart Supercenters in Florida (Placer Ai)
  • Recent Long-Term Leases with Anchors; Conn’s HomePlus, Planet Fitness, and Shoe Carnival provides exceptional 9-year Anchor WALT
  • Planet Fitness, Shoe Carnival, Moe’s Southwest Grill & Gamestop on average, rank in the Top 15% most visited stores in their respective chains in Florida (Placer Ai)
  • More than 50% of shop tenants have renewal history, and there are mark-to-market opportunities
  • Strip Centers included providing spin-out opportunities
  • Ocala MSA – 382,000 residents that has grown 15% since 2010
  • Horse Capital of the World – Recent opening of world’s largest World Equestrian Center welcoming hundreds of thousands of visitors
  • Rapidly Expanding Industrial Hub – Major distribution centers for Amazon, Costco, FedEx, Chewy, AutoZone and more
  • Magnet for Retirees – Proximity to The Villages plus over 20 active adult communities
  • Significant Recent Capital Improvements – Roofs and Parking Field
  • Below Replacement Cost Pricing


Last Updated Date: 07 Sep 2021
Brad Peterson
Brad Peterson
Senior Managing Director, Orlando Office Co- Head
License details
FL-BK3162030 AL-000088844-0 GA-256948 NC-323216
Whitaker Leonhardt
Whitaker Leonhardt
Senior Director, Capital Markets
License details
FL-SL3221137

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Last Updated Date: 07 Sep 2021

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