US - Lubbock, TX
£8,163,000 | 70,479 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer Ephrata Commons (the “Property”), a 54,810 square foot (“SF”), 100%, grocery-anchored shopping center located in Ephrata, Lancaster County, Pennsylvania. The 100%-occupied Property offers best-in-class grocery anchor Redner’s, a leading regional grocery brand operating only 27-minutes from their headquarters, which accounts for 73% of gross revenue, with a health ratio of 3.33%. The grocer has served the community for over 26 years and has nearly 3 years of remaining term alongside a tenant lineup that offers a durable, secure cashflow with 24.6 years of weighted average tenure and 100% occupied by service-oriented and e-commerce resistant tenancy.