Wekiva Riverwalk - Apopka, FL

JLL Capital Markets, as exclusive broker, is pleased to offer the excellent opportunity to acquire Wekiva Riverwalk, a 235,390 square foot, market dominant community center anchored by a brand new Sprouts, Marshalls, Bed Bath & Beyond, Ross Dress for Less, Regal Cinemas, Petco, Ulta and Five Below that is located in Apopka, Florida, a fast-growing and affluent northern suburb of the Orlando MSA.

• Grocery-anchored with Sprouts Farmers Market on new 15-year lease
• Sprouts, Ulta and Five Below added over past 12 months
• Ross Dress for Less, Marshalls, Regal Cinemas, Petco and Bed Bath & Beyond are all successful & seasoned anchors with history of renewal
• Outstanding shop tenant retention as 13 of 19 tenants have all renewed at least once
• Over 84% of GLA and 81% of Revenue coming from national tenants
• Investment flexibility as the separately parceled Regions Bank ground lease and The Learning Experience are included
• Located in the booming Orlando MSA – 3rd fastest growing MSA in the US
• Affluent, high-income suburb with nearly 74,000 residents boasting average household incomes of more than $92,000 within 3 miles
• #1 preferred 20-lane retail intersection along SR-436 on the west side of Interstate 4, with 82,000 cars per day
• Extremely favorable price relative to replacement cost