Lucky's Market - Tallahassee, FL
US - Tallahassee, FL
€11,124,000 | 5,079 m²
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale Villa Maria Shopping Center (“the Property”), a 17,056 sq ft. shopping center located in Bryan, TX. The property is 97% occupied and favorably located in the largest college town in Texas, only 2-miles away from Texas A&M University’s main campus. Directly across from a top performing HEB-anchored retail center, this asset is centered in the highest traffic intersection in the Bryan area, with Villa maria having an average VPD of 34,0000 and Texas Ave at an average VPD of 48,089. With in-place rents well below current market rents and a diverse tenant mix, this asset poses strong opportunity to capture significant mark-to-market growth moving forward.
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Attributes
Building area Gross
1,585 m²
Occupancy
97.00%
Year built
1964
Land area Gross
0.56 ha (5,625 m²)
Media
Investment Highlights
- Located in the largest college town in Texas (Bryan - College Station, TX)
- Across the street from top performing H-E-B anchored retail center
- In-place rents are 15-20% below market
Contact brokers
Villa Maria (0 Properties)
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Last updated
24 Aug 2023
