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Key facts
| Year Built | 2017 |
| Building Area Gross |
|
| Occupancy | 99.0 % |
Property description
JLL is excited to announce the opportunity to acquire Bluffton Shopping Center, a grocery anchored shopping center near Hilton Head Island, just outside of the Savannah MSA. Savannah has seen explosive growth, with new developments including the $600M Eastern Wharf development, $500M Plant Riverside District, and $165M Arena and Canal District. The city also benefits from having the 4th busiest port in the U.S., which has recently grown with a $1B expansion project.
Bluffton Shopping Center contains a strong, diversified tenant mix including Aldi, PGA Tour Superstore, Hobby Lobby, and First Watch Cafe, all of which are supported by a growing an affluent population in the local area. The property also requires limited future maintenance, as it was built in 2017.
Please reach out to the deal team to learn more about this unique opportunity!
Investment highlights
- Grocery Anchored
- Dominant Coastal Submarket
- Affluent Demographics
- Explosive Home Growth
- Limited Capital Expenditures
- Significant Wtd. Avg. Lease Term Remaining
Similar Properties
View moreThe value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.
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