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Shopping Strip

Jallo Plaza

6442 Land O' Lakes Blvd, Land O' Lakes, FL 34638

Listing Price: $3,500,000

Cap Rate
6.85%
Gross SF
13,990
Rentable SF
13,990
Price/Gross SF
$250.18
Lot Size
1.26 acres
Year Built
2010

Investment Overview

Marcus & Millichap is pleased to present Jallo Plaza, a rare opportunity for an investor to purchase a shopping center in the submarket of Land O Lakes, FL. The center has Triple Net lease structures with all tenants reimbursing the landlord for Taxes, Insurance, and Common Area expenses which will provide an investment with a very consistent, low risk cash flow for years to come. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location. With over 965 new construction floor plans in Land O Lakes and the center being positioned on a highly trafficked retail corridor seeing over 40,000 cars per day, this area is ready to become the newest area of migration for affordable and luxurious living.

Investment Highlights

  • Triple Net-Lease Structure - All tenants reimburse landlord for Taxes, Insurance, and Common Area expenses which will provide an investment with a very consistent, low risk cash flow for years to come
  • High Traffic Retail Corridor - With perfect frontage and excellent visibility on Land O Lakes Blvd, Jallo Plaza has exposure to more than 40,000 cars per day
  • Excellent Demographics - With an average household income of more than $118,000 per year within a 1-mile radius and more than 61,000 residents with a 5-mile radius, Jallo Plaza has ideal demographics
  • Residential Development Boom - With over 965 new construction floor plans in Land O Lakes, this area is primed to become the newest area of migration for affordable and luxurious living. A few of the newly built neighborhoods include – The Bexley by Newland, Lakeshore Ranch, Ballantrae, Caliente, and Oakstead.

Exclusively Listed By

Financing By

Listing Price: $3,500,000

Cap Rate
6.85%
Gross SF
13,990
Rentable SF
13,990
Price/Gross SF
$250.18
Lot Size
1.26 acres
Year Built
2010

Investment Highlights

  • Triple Net-Lease Structure - All tenants reimburse landlord for Taxes, Insurance, and Common Area expenses which will provide an investment with a very consistent, low risk cash flow for years to come
  • High Traffic Retail Corridor - With perfect frontage and excellent visibility on Land O Lakes Blvd, Jallo Plaza has exposure to more than 40,000 cars per day
  • Excellent Demographics - With an average household income of more than $118,000 per year within a 1-mile radius and more than 61,000 residents with a 5-mile radius, Jallo Plaza has ideal demographics
  • Residential Development Boom - With over 965 new construction floor plans in Land O Lakes, this area is primed to become the newest area of migration for affordable and luxurious living. A few of the newly built neighborhoods include – The Bexley by Newland, Lakeshore Ranch, Ballantrae, Caliente, and Oakstead.

Investment Overview

Marcus & Millichap is pleased to present Jallo Plaza, a rare opportunity for an investor to purchase a shopping center in the submarket of Land O Lakes, FL. The center has Triple Net lease structures with all tenants reimbursing the landlord for Taxes, Insurance, and Common Area expenses which will provide an investment with a very consistent, low risk cash flow for years to come. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location. With over 965 new construction floor plans in Land O Lakes and the center being positioned on a highly trafficked retail corridor seeing over 40,000 cars per day, this area is ready to become the newest area of migration for affordable and luxurious living.

Exclusively Listed By

Financing By

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