The Shoppes at Gateway
3000 Gateway St, Springfield, OR, 97477-1033, US
697,287 sf
Asset Description
JLL is pleased to offer the opportunity to acquire Alafaya Square, a 168,532 Publix-anchored neighborhood shopping center located in Oviedo, FL, within the rapidly growing Orlando MSA. The Property recently underwent a significant renovation which included the knockdown and rebuild of the existing Publix into a new 54,964 SF prototype which opened in April 2024. Currently 96.0% leased to a strong mix of national and regional retailers Planet Fitness, IHOP, My Salon Suites, Massage Envy, Keller Williams Realty, and Frogger’s Oyster Bar.
Situated along Alafaya Trail, the center benefits from high visibility with a daily traffic count of 46,000 vehicles and proximity to the University of Central Florida (UCF), which serves over 70,000 students and 13,000 faculty and staff.
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Attributes
Building area net
168,532 sf
Occupancy
96%
Year built
1986
Land area gross
21.1 acres
WALT
10.3 years
Parking spaces
704
Media
Investment Highlights
- HIGH QUALITY ESTABLISHED TENANT ROSTER WITH LONG-TERM LEASES
- VALUE ADD POTENTIAL
- SECURE AND GROWING CASH FLOW
- EXCEPTIONAL TENANT SALES
- PRIME LOCATION ALONG MAJOR CORRIDOR
- PROXIMITY TO ECONOMIC DRIVERS
- STRONG DEMOGRAPHIC PROFILE
- POSITIONED IN THE ORLANDO RETAIL MARKET
Contact brokers
Alafaya Square (0 Properties)
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Last updated
16 May 2025
