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|Call for Offers||2022-02-03|
Jones Lang LaSalle (“JLL”) licensed real estate broker, has been retained to offer for sale a leasehold interest in Page Field Commons, a market dominant, 318,187 sf Trader Joe’s anchored community retail center located in the rapidly growing Southwest Florida market of Fort Myers, Lee County, Florida.
This offering represents the opportunity to acquire a truly dominant grocery-anchored community center with a bondable revenue stream from strong balance sheet tenancy, below market anchor rents, and value enhancement potential at pricing significantly below reproduction cost.
- GROCERY-ANCHORED REGIONALLY DOMINANT RETAIL DESTINATION - Page Field Commons is a 318,187 square foot grocery-anchored community center that is 100% leased to several of the industry’s leading retailers.
- HIGHLY SYNERGISTIC LEADING NATIONAL RETAILERS - National tenancy represents over 96% of the GLA and is comprised of a diverse and highly complementary tenant mix.
- RECENTLY UPGRADED TENANCY - Within the past 11 months, the Property has added Trader Joe’s, Ross Dress for Less, HomeCentric, Papaya, The Standard, Skechers, Pacific Dental and Qdoba representing 90,620 SF of leasing volume.
- UNPARALLELED SCALE, FUNCTIONALITY AND ACCESSIBILITY - 23 unique retail and restaurant tenants.