Documents
Enter the "Deal room" for exclusive documents related to this property.
Key facts
Year Built | 1980 / 2010 |
Building Area Net |
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Land Area Net |
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Occupancy | 92.0 % |
Call for Offers | 2022-04-06 |
Property description
As exclusive advisor, Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker - is pleased to exclusively offer the opportunity to acquire a 100% fee simple interest in Rivertowne Square, a 145,502 square foot Winn-Dixie-and Bealls Department Store anchored center located in the densely populated South Florida community of Deerfield Beach, Broward County, FL.
Rivertowne Square is prominently positioned on a +13.0 acres at the highly trafficked intersection of Federal Highway and SE 10th Street with over 72,000 vehicles per day and ±850 linear feet of frontage along Federal Highway.
Investment highlights
PRIME LOCATION AT HIGHLY TRAFFICKED NORTHEAST BROWARD COUNTY
LIMITED DOWNSIDE AND COMPELLING RISK-ADJUSTED YIELD PROFILE WITH NUMEROUS VALUE ENHANCEMENT OPPORTUNITIES
ATTRACTIVE INVESTMENT BASIS AT PRICING SUBSTANTIALLY BELOW REPLACEMENT COST
RAPIDLY DENSIFYING TRADE AREA PROVIDES LONG-TERM OPTIONALITY
OUTSTANDING TRADE AREA AND DEMAND DRIVERS