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Retail

Lake Mary Corners

Sanford, FL

83,467 SqFt

Built in 2000

Core Plus

Investment Highlights

  • Main & Main Location | Superior to Other Competing Shopping Centers in the Submarket
  • 85,467 SF Shopping Center within the Orlando MSA | Anchored by Fancy Fruit Produce & Meats - Regional Operator with 10 Locations
  • Also Anchored by LA Fitness - 9 Years Remaining on Corporate-Guaranteed Lease
  • New Construction La Brasa Ground Lease Included in Offering | Potential Spin Off Opportunity
  • 10-Year NOI Compound Average Growth Rate (CAGR) Over 3%
  • Secure Cash Flow with Weighted Average Lease Term (WALT) Over 8 Years
  • High Volume, Essential Retail and Service Tenancy Anchored by Grocery & Fitness | Inline Tenants Primarily Medical, Wellness and Restaurant Uses
  • High Customer Traffic Driven by Adjacent Lowe's, CVS, Burger King, Qdoba, Waffle House and Shell

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