3883 WEKIVA SPRINGS RD Longwood FL 32779-3362

SRS Investment Properties Group, as exclusive broker, is pleased to offer the opportunity to acquire Shoppes of Sweetwater - a 64,243± SF neighborhood center, anchored by an established, high-performing Publix and located in Longwood, FL on the north side of the Orlando MSA.

ORLANDO, FL MSA

Retail Demand in Orlando Continues to Grow

Orlando has one of the most dynamic economies in the Southeast, fueled by steady in-migration and a fast pace of population growth. Its economy benefits from its growing roster of tech and fintech tenants and its established and expanding defense sector, as well as the presence of its world-renowned theme parks. The talent pool here is deep, fed not only by the proximity of the University of Central Florida and Rollins College but also from strong net migration of highly educated workers relocating to Central Florida. Additionally, U.S. News & World Report recently listed the state of Florida first in the nation for education, and seventh in the nation for its overall economy, and WalletHub named Orlando among the top 10 cities in the U.S. in which to start a business in 2023.

POTENTIAL TO INCLUDE VALUABLE OUTPARCEL

Shoppes of Sweetwater could potentially include, as part of the offering, a valuable outparcel pad, which is currently undergoing a re-plat, increasing the size up to 0.8± AC, situated at the signalized hard corner of Wekiva Springs Rd and N Hunt Club Blvd, accessing 31,500 VPD. A Publix OP with the potential for a ground lease or build-to-suit scenario, the site has garnered significant recent interest from national users. (Call Broker for More Details)

Anchored by Publix – one of the most coveted grocery anchors in the U.S, providing a valuable ‘essential needs’ shopping component which has proven itself through economic downturns, the rise of e-commerce and most recently, a global pandemic.

Situated on the north side of the explosive Orlando MSA - one of the fastest-growing markets in the country, which is home to 2.7 million people and draws over 55 million visitors annually

Publix and CVS boast recent 5-yr extensions and respective tenures of 21 and 43 years at the Property, bolstered by minimal competition and captive consumer audiences within the community

Publix reports strong, growing sales in 2022 - Up over 17% since 2019 and resulting in an advantageous health ratio of roughly 1.8%

Excellent opportunity to grow rents at the Property with a 3.45% CAGR, bolstering the intrinsic value proposition at Shoppes of Sweetwater

Characterized by a growing, affluent demographic profile, including 148,368 people within a 5-mile radius and an Avg. HH Income of $115,154 within three miles.

Advantageous blend of e-commerce resistant shop tenants, including fitness, beauty, insurance, food and beverage, spa and medical service providers