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Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
644,332 平方呎
Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to present the opportunity to acquire Camden Central Retail, a 32,542 square foot multi-tenant retail condominium located along Central Avenue and Dr. Martin Luther King Street in downtown St. Petersburg. The Property offers space on 3 hard corners and nearly 300 feet of frontage along Central Avenue, at the heart of St. Petersburg’s primary urban corridor.
Built in 2021, the Property is currently 87.4% leased to seven tenants, including Watts Dental, Fit2Run, BodyRok, and J. Fiore’s Steakhouse. The Property has 50 exclusive parking spaces in the interior garage and presents an investor with stable long-term cash flow (7.8 years WALT) as well as a value-add opportunity, due to the below market rents and remaining vacancy.