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City Crossings

  SOLD July 2009 for $4,850,000

2909 James L Redman Parkway, Plant City, Florida 33566


Building Size18,849 Square Feet
Land Size4.76 Acres
ZoningC1 - Commercial
Year Built2007
Parking119 Surface Parking Spaces

City Crossings was developed in 2007 as a Panera Bread anchored strip center. Panera Bread is on a 10 year lease with 9 years remaining.

The adjoining in-line spaces are occupied by an array of national and local retail tenants, including a 3,485± square foot Mattress Giant and 2,100± square foot Alltel Communications.


The subject contains two (2) improved outparcels: Regions Bank and Zaxby’s, which are not included in this sale.

Investment Highlights:

Ø       74% national or regional tenants;

Ø       All NNN leases with minimal Landlord responsibilities;

Ø       Average household income within 3 mile radius is over $59,274 annually;

Ø       New construction adjacent to major traffic generators, Lowe’s and Wal-Mart;

Ø       3-Mile daytime population of 18,428 and traffic count of 13,533 vehicles per day;

Ø       Situated with frontage on James L. Redman Pkwy the major north/south retail corridor.

 

 

 

 


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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