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Available For Sale - Retail

10,712 SF | Show Pricing $

AVAILABILITY DETAILS

Size
10,712 SF
Price/SF
Show Pricing $
Listing ID
SA415768
Notes
• The vast majority of the in-place tenants at Flamingo Jones Plaza are service-oriented and internet-resistant providing a strong hedge against e-commerce forces and providing a reliable income stream for the foreseeable future

• Main and Main Location – Flamingo Jones Plaza is located at the signalized intersection of Flamingo Road (50,000 CPD) and Jones Boulevard (35,000 CPD); one of the busiest commercial thoroughfares in the trade area with other tenants in the immediate trade area that include Sprouts, Wendy’s, 7-Eleven, US Bank, and Jack in the Box

• Significant Rental Upside – The average in-place rent at Flamingo Jones Plaza (excluding Rapid Cash) is just $1.63/SF offering a new owner substantial upside in rents as leases expire and new market rental rates are negotiated

• Quintessential “strip” center with efficiently-sized tenant suites, which are conducive to high occupancy, optimal rents and low tenant improvements limiting landlord’s out of pocket costs and capital expenditures

• Flamingo Jones Plaza boasts a large monument sign at the property creating additional signage and visibility to the center
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Christina Strickland, CBRE