Stony Creek Promenade - Chicago, IL
4830 W. 111th Street, Oak Lawn, IL, 60453, US
15.422 m²
Objektbeschreibung
Southland Center (the “Property” or “Mall”) is a single-level (JCP and Macy’s are both two-level), super-regional mall located at 23000 Eureka Road, Taylor, MI 48180. The Property is situated on approximately 71.1 acres, 68.3 of which are owned. Total GLA at the Property is 906,564, which includes JCPenney (215,787 SF, owned), Macy’s (292,377 SF, non-owned), Cinemark (49,952 SF, 12 screens, owned) and Best Buy (45,000 SF, owned). The Property also features a high performing BJ’s Restaurant and Brewhouse outparcel (7,547 SF, owned).
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Eigenschaften
Gebäudefläche netto
84.223 m²
Vermietungsstand
93,4 %
Baujahr
1970
Grundstücksfläche brutto
7 m²
Medien
Investment-Highlights
#3 MOST VISITED REGIONAL MALL IN MICHIGAN
Enjoys an exceptional competitive position in the trade area, ranking 3rd in the state.
MAJORITY SITE CONTROL
With the exception of Macy’s, which is separately owned, prospective purchasers control the entirety of the site which may facilitate any potential redevelopment and/or releasing strategy.
STRONG OCCUPANCY
Currently 93.4% occupied overall, with a small shop occupancy of approximately 80%. Notably, the Property has consistently enjoyed an overall occupancy of 90%+ since 2015, reflecting the mall’s strong competitive position within the market.
EXCELLENT LOCATION
Southland Center is the dominant shopping destination for the southern Detroit suburbs and Downriver communities.
HIGH DENSITY TRADE AREA
The Property benefits from a heavily populated trade area with nearly 1.2 million residents within a 15-mile radius.
Makler kontaktieren
Southland Center (0 Objekte)
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Zuletzt aktualisiert
5. Sept. 2024
