Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2021
Building Area Net
Land Area Net ()
Occupancy 100.0 %

Asset Description

Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker - is pleased to offer prospective investors the opportunity to acquire Mainstreet at Boynton, a dominant, 52,152 square foot grocery-anchored center located in the highly affluent and rapidly-growing South Florida community of Boynton Beach, Palm Beach County, Florida. Constructed in 2021, the property is currently 100% leased to a high-quality roster that is 90.5% comprised of national tenants and led by Sprouts Farmers Market.


This offering represents a highly attractive opportunity to acquire a dominant grocery-anchored center in a growing coastal Florida market with an impressive weighted average remaining lease term on all tenants within the property of over 12 years.

Investment Highlights

  • Diverse Tenant Roster 90.5% leased to national tenants and ideally tailored to the modern retail consumer
  • High traffic, high visibility location at the intersection of two of Boynton Beach's busiest thoroughfares with a combined average daily traffic of 88,500 vpd.
  • Optimal investment profile of income security and revenue growth
  • Strong traffic generating grocery anchor
Last Updated Date: 14 Apr 2022

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Last Updated Date: 14 Apr 2022

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