Call for Offers: Feb 21, 2020 | 124,596 SF Walmart Shadow Anchored

Call for Offers due by February 21, 2020 | Ocean Springs Shopping Center is a 124,596 square foot community shopping center located in Melbourne, Florida. The center is 100 percent occupied by a mix of national and regional credit tenants including Winn-Dixie, Dollar Tree, Texas Roadhouse, Sally Beauty Supply, T-Mobile, Firehouse Subs and H&R Block on triple net leases. Southeastern Grocers (Winn-Dixie) operates over 703 locations throughout the Southeast and has over $10.5 billion in annual sales and does MOL $20 million in annual sales at this location. Dollar Tree (DLTR) is a strong national tenant publicly traded on the NASDAQ that operates 13,600 stores with over $20 billion in annual revenue. The property features a recent addition of Texas Roadhouse (NASDAQ:TXRH) that operates over 525 locations nationwide with annual revenues exceeding $2.2 billion. Ocean Springs Shopping Village presents an excellent opportunity to acquire a trophy community shopping center located in the largest and fastest growing submarket of the Brevard County/Space Coast market.

*Please contact Agent directly to submit offer. Offers must be submitted with proof of funds & investor resume / schedule of real estate properties owned*

Property Highlights:
Trophy Real Estate & Location on Hard Signalized Corner
Walmart Shadow Anchored
Average HHI $95,796
Texas Roadhouse New Tenant High Traffic Generator
Excellent Visibility to Over 50K± Vehicles per Day
Five Points of Easy Access Abundant Parking
100 Percent Occupied by a Strong Synergistic Mix of National Credit Tenants on Triple-Net Leases
Upside & Value-Add Below Market Rents, Increases & Reposition

Additional URLs

• https://www.crexi.com/properties/303781/florida-ocean-springs-shopping-center?crexi_url_type=2&utm_source=Marketing%20Portal&utm_medium=Brian%20Capo&utm_campaign=02%2F12%2F2020&defaultSignUp=true&templateId=115&subtemplateId=1