FT. CAROLINE TRADING POST
FT. CAROLINE TRADING POST JACKSONVILLE, FLORIDA DUVAL COUNTY
OFFERING SUMMARY
FT. CAROLINE TRADING POST
INVESTMENT SALE OFFERING
JACKSONVILLE, FLORIDA
Cushman & Wakefield's Retail Investment Advisors is pleased to offer for sale a 100% fee simple interest in Ft. Caroline Trading Post, a grocery-anchored shopping center located in Jacksonville, Duval County, Florida. This offering represents the unique opportunity to acquire a high-quality, neighborhood shopping center anchored by a strong performing Winn-Dixie located in one of Florida's major metropolitan markets. ¨
6060 Ft. Caroline Rd., Jacksonville, FL 32211 9.1 acres 1984 77,185 sf Winn-Dixie, Citi Trends, Planet Fitness Untitled layer 100% 368 spaces, 5.12 spaces / 1,000 sf of GLA
Untitled map
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PROPERTY SUMMARY ADDRESS SITE AREA YEAR BUILT GLA ANCHORS OCCUPANCY PARKING
NE
RD
OFFERING HIGHLIGHTS
• One of the dominant grocery-anchored centers serving the trade area • Prime location on Ft. Caroline Rd. in the heart of the northern Arlington community • Great visibility and frontage with over 488' along Ft. Caroline Rd. • Densely populated consumer base with 57,437 residents within a 3-mile radius
FT. CAROLINE TRADING POST
• Highly profitable Winn-Dixie based on solid sales and low single digit base rental rate
9
17
• Strong junior anchors Planet Fitness and Citi Trends DO OWN WNTO TO OWN W WN
• Well-maintained physical plant including recently replaced roofs on majority of the center • Highly stable income stream based on Winn-Dixie and Citi Trend's recent extensions coupled with Planet Fitness’ new 10-year lease
109A 10
• Pricing is below replacement cost The depiction in the above photograph of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) No warranty of representation, express or implied, as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
For additional information, please contact: MARK GILBERT ADAM FEINSTEIN Executive Vice President Executive Director (305) 533-2866 (305) 533-2863 [email protected] [email protected]
KARL JOHNSTON Senior Director (904) 380-8334 [email protected]
ERIC WILLIAMS Senior Financial Associate (305) 533-2850 [email protected]
FT C A FT AR ROL OL 295
ME ERRIL RR RILL ILLL R RD D ROGE RO GERS GE GERS R RD
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D
• Upside through the lease-up/development of the vacant .46 acre outparcel fronting Ft. Caroline Rd.
1
ITYBLV ERSIT UNIV
• Winn-Dixie and Citi Trends recently extended their lease terms for 5 years
116
113
D TR MEN U N MO
115
AR RLING LING LI GTO ON
BRO OOKL O YN YN
SAN A MA MARCO RCO RCO
MITCHELL HALPERN Senior Financial Analyst (305) 533-2855 [email protected]
115
CUSHMAN & WAKEFIELD OF FLORIDA, INC. 200 S. Biscayne Blvd., Suite 2800 Miami, FL 33131 www.cwretailinvestmentadvisors.com
OFFERING SUMMARY
FT. CAROLINE TRADING POST
INVESTMENT SALE OFFERING
JACKSONVILLE, FLORIDA
Cushman & Wakefield's Retail Investment Advisors is pleased to offer for sale a 100% fee simple interest in Ft. Caroline Trading Post, a grocery-anchored shopping center located in Jacksonville, Duval County, Florida. This offering represents the unique opportunity to acquire a high-quality, neighborhood shopping center anchored by a strong performing Winn-Dixie located in one of Florida's major metropolitan markets. ¨
6060 Ft. Caroline Rd., Jacksonville, FL 32211 9.1 acres 1984 77,185 sf Winn-Dixie, Citi Trends, Planet Fitness Untitled layer 100% 368 spaces, 5.12 spaces / 1,000 sf of GLA
Untitled map
®
LER
RD
TM
FT.
CAR OLI
PEE
PROPERTY SUMMARY ADDRESS SITE AREA YEAR BUILT GLA ANCHORS OCCUPANCY PARKING
NE
RD
OFFERING HIGHLIGHTS
• One of the dominant grocery-anchored centers serving the trade area • Prime location on Ft. Caroline Rd. in the heart of the northern Arlington community • Great visibility and frontage with over 488' along Ft. Caroline Rd. • Densely populated consumer base with 57,437 residents within a 3-mile radius
FT. CAROLINE TRADING POST
• Highly profitable Winn-Dixie based on solid sales and low single digit base rental rate
9
17
• Strong junior anchors Planet Fitness and Citi Trends DO OWN WNTO TO OWN W WN
• Well-maintained physical plant including recently replaced roofs on majority of the center • Highly stable income stream based on Winn-Dixie and Citi Trend's recent extensions coupled with Planet Fitness’ new 10-year lease
109A 10
• Pricing is below replacement cost The depiction in the above photograph of any person, entity, sign, logo or property (other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield) is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.) No warranty of representation, express or implied, as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.
For additional information, please contact: MARK GILBERT ADAM FEINSTEIN Executive Vice President Executive Director (305) 533-2866 (305) 533-2863 [email protected] [email protected]
KARL JOHNSTON Senior Director (904) 380-8334 [email protected]
ERIC WILLIAMS Senior Financial Associate (305) 533-2850 [email protected]
FT C A FT AR ROL OL 295
ME ERRIL RR RILL ILLL R RD D ROGE RO GERS GE GERS R RD
23
D
• Upside through the lease-up/development of the vacant .46 acre outparcel fronting Ft. Caroline Rd.
1
ITYBLV ERSIT UNIV
• Winn-Dixie and Citi Trends recently extended their lease terms for 5 years
116
113
D TR MEN U N MO
115
AR RLING LING LI GTO ON
BRO OOKL O YN YN
SAN A MA MARCO RCO RCO
MITCHELL HALPERN Senior Financial Analyst (305) 533-2855 [email protected]
115
CUSHMAN & WAKEFIELD OF FLORIDA, INC. 200 S. Biscayne Blvd., Suite 2800 Miami, FL 33131 www.cwretailinvestmentadvisors.com
