sears at altamonte mall amazonaws com
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
AVAILABLE GLA 82,400 SF div 33,630 SF div
DESCRIPTION
116,030 SF
• 82,400 SF For Lease, ability to subdivide • 33,630 SF Auto Center For Lease, ability to subdivide • Excellent visibility on East Altamonte Dr • Direct access to the Altamonte Mall
RATE
Call for Rates
DEMOGRAPHICS Total Population 2020 Growth Avg. HH Income Daytime Population
3 Mile 87,532 0.62% $66,584 82,702
5 Mile 222,893 0.77% $72,163 148,613
10 Mile 740,491 1.13% $70,352 467,147
Year: 2016 | Source: ESRI
TRAFFIC COUNTS E Altamonte Dr Palm Springs Dr
53,500 VPD 23,000 VPD
Year: 2015 | Source: FL DOT
CONTACT
John Artope | 407.902.2621 [email protected]
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
Seritage Growth Properties is a publicly traded, self-administered, selfmanaged REIT primarily engaged in the real property business through its investment in its operating partnership, Seritage Growth Properties, L.P. Our portfolio contains 235 wholly-owned properties and 31 joint venture properties, consisting of approximately 42 million square feet of building space, which is broadly diversified by location across 49 states and Puerto Rico. Pursuant to a master lease, 224 of our wholly-owned properties are leased to Sears Holdings and are operated under either the Sears or K-Mart brand. Third parties under direct leases also occupy a portion of the overall leasable space alongside Sears and Kmart. Additionally, 11 of our wholly-owned properties are leased entirely to third parties. The master lease provides Seritage with rights to recapture certain space from Sears Holdings at each property. In addition, Seritage has 50% interests in 31 additional properties through our joint venture investments with General Growth Properties (12 properties), Simon Property Group (10 properties), and Macerich (nine properties) that are also master leased to Sears Holdings.
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
AVAILABLE GLA 82,400 SF div 33,630 SF div
DESCRIPTION
116,030 SF
• 82,400 SF For Lease, ability to subdivide • 33,630 SF Auto Center For Lease, ability to subdivide • Excellent visibility on East Altamonte Dr • Direct access to the Altamonte Mall
RATE
Call for Rates
DEMOGRAPHICS Total Population 2020 Growth Avg. HH Income Daytime Population
3 Mile 87,532 0.62% $66,584 82,702
5 Mile 222,893 0.77% $72,163 148,613
10 Mile 740,491 1.13% $70,352 467,147
Year: 2016 | Source: ESRI
TRAFFIC COUNTS E Altamonte Dr Palm Springs Dr
53,500 VPD 23,000 VPD
Year: 2015 | Source: FL DOT
CONTACT
John Artope | 407.902.2621 [email protected]
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
PREMIER REDEVELOPMENT OPPORTUNITY
SEARS AT ALTAMONTE MALL 451 E Altamonte Dr, Altamonte Springs FL 32701
SRS Real Estate Partners | 200 S. Orange Ave., Suite 1300 | Orlando, FL 32801 | 407.455.5030 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
SRSRE.COM
Seritage Growth Properties is a publicly traded, self-administered, selfmanaged REIT primarily engaged in the real property business through its investment in its operating partnership, Seritage Growth Properties, L.P. Our portfolio contains 235 wholly-owned properties and 31 joint venture properties, consisting of approximately 42 million square feet of building space, which is broadly diversified by location across 49 states and Puerto Rico. Pursuant to a master lease, 224 of our wholly-owned properties are leased to Sears Holdings and are operated under either the Sears or K-Mart brand. Third parties under direct leases also occupy a portion of the overall leasable space alongside Sears and Kmart. Additionally, 11 of our wholly-owned properties are leased entirely to third parties. The master lease provides Seritage with rights to recapture certain space from Sears Holdings at each property. In addition, Seritage has 50% interests in 31 additional properties through our joint venture investments with General Growth Properties (12 properties), Simon Property Group (10 properties), and Macerich (nine properties) that are also master leased to Sears Holdings.
