Lynn Haven Plaza

THE OPPORTUNITY

• Grocery Anchored center
• 98% leased
• Term remaining on core tenants:
• Winn Dixie extended for 10 years in 2018
• Dollar Tree has term until 2026
• Strong Grocer Sales: Winn Dixie’s 2020 sales, $21M ($386psf)
• Anchor Longevity: Winn Dixie has been at the center since 1985
• Strong Leasing Momentum: 5 new leases signed over the past 12 months
• Landlord Flexibility: Limited lease options for small shop tenants gives Landlord the ability to drive rents

THE HIGHLIGHTS

• Center redeveloped in 2019
• New roof
• Façade work
• Parking lot work
• Traffic Count: Hwy 77: 29,216
• Center is located along Lynn Haven’s primary retail corridor
• Necessity based, internet resistant tenant lineup
• Located at a lighted intersection
• 1.68% vacancy rate in the market