Project Description

Shoppes of Lake Mary

A Track Record of Success: Acquisition Case Study
0,495
SQ. FT.
$0.4 M
($62 PSF)
0
Acquisition Date
Slider

Mixed-use Asset Located Within a High Growth Micro Market

Sold in April 2018 for $5.4 million ($140 PSF)

Project Level IRR 19.3% over a 16.4-year hold

Located on

4.6 Acres

Acquired at a

12.9%

Cap rate in December 2001

7.75x

Equity multiple at the project level

5.5%

Exit cap rate

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