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Space Place
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Space PlaceColorado
Colorado Springs - Rustic Hills Shopping Plaza is located at the intersection of Academy Boulevard and Palmer Park, with a daily traffic count of 64,513 vehicles. The 230,000 sq.ft. strip center is anchored by TJ Maxx, Hobby Lobby, Ross, Gart Sports and Radio Shack. Centers in the area include Citadel Mall and Citadel Crossing. Space of 20,000 sq.ft. is available. Area demographics include a population of 250,419 within five miles earning $35,652 as the average income. The center was completely renovated in 1998. Market and asking rent is $12 psf, with CAM of $2.50 psf. For details, contact Todd Okum, Portland Investment Co. of America, 10840 Wilshire Boulevard, Suite 600, Los Angeles, CA 90024; 310-441-8411, Fax 310-475-9112; Email: tokum@mindspring.com.
Florida
Altamonte Springs - Oak Grove Shoppes is located on 21 acres at the intersection of SR434 and Jamestown Road. The 176,317 sq.ft. strip center is anchored by Stein Mart, World Gym, The Fresh Market and Hops Restaurant. Spaces of 1,780 sq.ft. and 3,050 sq.ft. are available. Area demographics include a population of 92,000 within three miles earning $70,000 as the average income. Market rent is $15 psf and asking rent is $12 psf with CAM of $3.50 psf. For details, contact Teri Young, Southeastern Realty Group, Inc., 933 Lee Road, Suite 400, Orlando, FL 32810; 407-629-5595, Fax 407-645-2035; Web site: www.southeasternrealty.com; Email: tyoung@southeasternrealty.com.
Orlando - Orange Blossom Shopping Center is located at the intersection of Orange Blossom Road and Holden Avenue. The L-shaped strip center is anchored by Walgreens and Big Lots Furniture. Other tenants include a library, Subway, Firestone and Family Dollar. Spaces of 1,200 sq.ft. and a 30,000 sq.ft. formerly occupied by Food Lion are available. Area demographics include a population of 245,525 within five miles earning $42,070 as the average income. Market and asking rent is $8 psf (large space) and $12 psf (small space), with CAM of $2.50 psf. For details, contact Todd Okum, Portland Investment Co. of America, 10840 Wilshire Boulevard, Suite 600, Los Angeles, CA 90024; 310-441-8411, Fax 310-475-9112; Email: tokum@mindspring.com.
Georgia
Duluth - Mall Corners is located on 30 acres at the intersection of Pleasant Hill Road and Satellite Boulevard with a daily traffic count of 57,000 vehicles. The 305,000 sq.ft. power center is anchored by Michaels, Pier 1 Imports, Mens Wearhouse and Catherines. Spaces of 49,060 sq.ft., formerly occupied by Levitz, and 23,078 sq.ft., formerly tenanted by Carmike, are available. For details, contact Melissa Barre, Barre Management Group, Inc., 555 Sun Valley Drive, Suite B-1, Roswell, GA 30076; 770-650-1020, Fax 770-650-1023; Email: mbarre@bellsouth.net.
Powder Springs - Regal Pavilion is located at the intersection of Powder Springs Road with E-West Connector and West-Cobb Loop, with a daily traffic count of 30,000 vehicles. The 23,000 sq.ft. center is anchored by Regal Cinemas 22 Screen. All spaces are available in the center, which is due to open in July 2001. Retail in the area includes Super Wal*Mart, Home Depot and Kroger. For details, contact Roy Martin, The Sofran Group, 6160 Peachtree Dunwoody Road, C-100, Atlanta, GA 30328; 770-351-9300, Fax 770-351-9302.
Maryland
Baltimore - President Street Building is located at the intersection of President and Pratt Streets with a daily traffic count of 50,000 cars. Retail and office space in the 22,000 sq.ft. urban/downtown seven-story structure is available, and it is due to open May 2001. Market and asking rent is $23 psf, with CAM of $1.70 psf and taxes $1.30 psf. For details, contact William Saxon, Jr., Trout, Segall & Doyle LLC, 219 Village Square, Baltimore, MD 21210; 410-435-4000, Fax 410-435-4277; Web site: www.troutsegall.com; Email: wsaxon@troutsegall.com.
Maine
Sanford - Center for Shopping is located at the intersection of Routes 4 and 109. The 215,489 sq.ft. strip center is anchored by Shaw’s, Ames and Chunky’s Cinema. Retail in the area is Wal*Mart. Spaces of 1,500 sq.ft., 3,000 sq.ft. and 6,000 sq.ft. are available. For details, contact Bruce Tamarkin, Redstone Investments, 5060 Belmont Avenue, Youngstown, OH 44505; 330-759-4000, Fax 330-759-2134.
New Jersey
Chester - Chester Commons will be located on 11 acres at the intersection of Route 206 and Old Gladstone Road. Ground breaking is scheduled for spring 2001, with opening set for spring 2002. The 105,000 sq.ft. specialty center is to be anchored by Pier 1, Victoria’s Secret, Banana Republic and Ann Taylor Loft, among others. Spaces of up to 5,000 sq.ft. are available. Other retail in the area includes Staples, Shop Rite and Gap. Market rent is $18-$30 psf, with asking rent of $30 psf and CAM and taxes estimated at $3.00 psf each. Garwood - Garwood Mall is located on 7.5 acres at the intersection of South Avenue and Center Street. The 70,000 sq.ft. strip center is anchored by Kings and Walgreens, and cotenanted by Pet Valu, Dress Barn and Radio Shack. Space of 4,000 sq.ft. and office space of 1,200 sq.ft. are available. Area demographics include a population of 1,357,013 within 10 miles earning $51,664 as the average income. Market rent is $18-$24 psf, and asking rent is $24 psf net, with CAM and taxes of approximately $2.00 psf each. For details, contact Joe Morris, Fidelity Properties, LLC, 641 Shunpike Road, Chatham, NJ 07928; 973-966-2800, Fax 973-966-6161; Web site: www.fidelityland.com; Email: jdmwtf@aol.com.
New York
Rockville Centre - 221 Sunrise Highway has a daily traffic count of 60,000 vehicles. Retail space of 12,000 sq.ft. is available. For details, contact John Nicolosi, Island Associates Real Estate, Inc., 455 Sunrise Highway, West Islip, NY 11795; 631-587-5050, Fax 631-587-0230.
Ohio
Beavercreek - Indian Ripple Center is located at the intersection of I-675 and Indian Ripple Road with a daily traffic count of 28,900 vehicles. The 160,000 sq.ft. strip center is anchored by Kmart and Hancock Fabrics. Spaces of 2,250 sq.ft., 3,600 sq.ft. and 8,537 sq.ft. are available. Fairborn - Fairborn Plaza is located on North Broad near I-675 with a daily traffic count of 15,194 vehicles. The 98,400 sq.ft. strip center is anchored by Fulmers Supermarket and Duff’s. Spaces of 2,100 sq.ft., 6,000 sq.ft. and 17,325 sq.ft. are available. Area demographics include a population of 58,800 within five miles earning $54,831 as the average income. For details, contact Don Walton, CB Richard Ellis, 7333 Paragon Road, Suite 160, Dayton, OH 45459; 937-433-5327, Fax 937-433-3288. Painesville - Giant Eagle Plaza is located at the intersection of Mentor Avenue and Fairgrounds Road with a daily traffic count of 22,890 vehicles. The 125,000 sq.ft. strip center is anchored by Giant Eagle Supermarket. Spaces of up to 7,000 sq.ft. and an outparcel are available. For details, contact Kevin Zugger, The Benchmark Group, 4053 Maple Road, Amherst, NY 14226; 716-833-4986, 716-833-2954.
Pennsylvania
Chambersburg - Lincoln Business Park is located on Route 30. The ground breaking is set for June 2001, with occupancy projected for August 2001. Both commercial and retail uses are sought to fill the 1,400 sq.ft. to 90,000 sq.ft. spaces. Area retail includes Wal*Mart, Ollies, Central Tractor and Just Cabinets. For details, contact Bob Hickey, Re/Max Realty Agency, Inc., 418 Epic Drive, Chambersburg, PA 17201; 717-267-7803, Fax 717-709-1414.
South Carolina
Spartanburg - Cedar Spring Crossing is located at the intersection of U.S. 56 and U.S. 295. The 75,000 sq.ft. strip is anchored by Dollar Tree, Eckerd and Bi-Lo with other tenants including Radio Shack and Subway. Three spaces of 1,500 sq.ft. are available, as well as two outlots of 43,560 sq.ft. and one of 30,000 sq.ft. Area demographics include a population of 175,000 residing within 10 miles. Asking rent is $12 psf with CAM and taxes of $1 psf each. For details, contact Brad Thomas, Cleveland-White, 531 East Main Street, Spartanburg, SC 29302; 800-842-1811, Fax 864-583-6187; Email: bthomas@clevelandwhite.com.
Tennessee
Clarksville - Parkway Pavilion will be located on 30 acres at the intersection of Wilma Rudolph Boulevard and the 101st Airborne Division Parkway with a daily traffic count of 18,000 vehicles. The 35,000 sq.ft. strip center is to be anchored by Kroger and Lowe’s. Spaces is available, plus three one-acre outlots. Ground breaking is scheduled for July 2001, with opening expected in February 2002. Retail in the area includes Governor Square Mall. Area demographics include a population of 90,000 within 10 miles earning $48,000 as the average income. For details, contact Roy Martin, The Sofran Group, 6160 Peachtree Dunwoody Road, C-100, Atlanta, GA 30328; 770-351-9300, Fax 770-351-9302.
Texas
Victoria - Victoria Mall is located at the intersection of Loop 463 and North Navarro Street, with a daily traffic count of 31,000 vehicles. The 700,000 sq.ft. mall is anchored by Dillards, JC Penney and Sears. Spaces of 5,000 sq.ft., 10,000 sq.ft, 20,000 sq.ft. and 100,000 sq.ft. are available. For details, contact Jerry Marroquin, MRO Management, Inc., 4522 Fredericksburg Road, Suite 124, San Antonio, TX 78201; 210-735-9137, Fax 210-732-5205.
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