Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
59,860 平方米
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Aurora Plaza (“The Property”), a 115,461 square foot shopping center located off of East Mississippi Avenue and South Chambers Road, in Aurora, Colorado. Aurora Plaza has seen significant leasing momentum with over 29,000 square feet of leases signed within the past 24 months with notable additions including an animal hospital, urgent care center, and physical therapist. The Property is 80% leased, presenting a lucrative value-add opportunity for a future investor, while providing solid cashflow and a favorable basis.
The site benefits from high visibility and easy accessibility and sees over 740K visitors per year. Aurora Plaza is comprised of 27 tenants, and is located directly across from King Soopers, Colorado’s #1 grocer. Situated in the main Aurora retail corridor, it is conveniently surrounded by major retailers such as Walmart, Sam’s Club, Target, PetSmart, Best Buy, and Dollar Tree, all within a mile radius. Moreover, the Property will benefit from additional customer activity with two national pad retailers to be added at the main entrance along East Mississippi Ave.