Documents
Key facts
Year Built | 2006 |
Building Area Gross |
|
Occupancy | 67.0 % |
Property description
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Village Walk Plaza, a value-add 314,091 square foot community center spanning 34.24 acres and seven parcels in California’s booming Inland Empire. The center is anchored by Bed Bath & Beyond, Petco, BevMo, Bob’s Furniture (Ground Lease), Guitar Center, Jerome’s Furniture and Tesla Supercharging. At just 67% leased, the center offers significant upside to investors via lease-up and/or future redevelopment.
Investment highlights
- Rare and Attractive Fixed Rental Increases
- Freeway Access and Visibility
- Abundant Parking and Accessibility
- Excellent Demographics
- Limited Landlord Responsibility
- Internet Resistant Tenant Mix
- Dominant Retail Trade Area