Jacaranda Plaza

JLL is pleased to exclusively offer the opportunity to acquire Jacaranda Plaza, a dominant Publix-anchored neighborhood shopping center with 175,084 SF located in Plantation, Florida, an established, high-income suburban enclave in the heart of Broward County. Currently 97.9% leased to a strong mix of national and regional retailers including Publix, Ross Dress for Less, Five Below, Planet Fitness, and Dollar Tree. The Property offers substantial NOI growth (3.5% CAGR over 10 years) as in-place rents are, on average, 17% below market.

Situated at the intersection of W. Sunrise Boulevard and N. University Drive, Jacaranda Plaza benefits from combined 95,000 traffic counts. It is conveniently located just 4 miles from major highways, including I-595, I-95, I-75, and Florida’s Turnpike providing regional accessibility for an expanded trade area. The Property is nestled within a densely populated area of 191,750 residents with an average household income of $89,388 within a 3-mile radius.