Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Florida & Gulf Coast  + Central Florida  + Retail  | 
SRS Real Estate Partners has announced the $7.475 million sale of Leesburg Marketplace, a 81,071-square-foot multi-tenant retail center at 1101 W. North Boulevard in Leesburg, FL.

SRS Completes $7.5M Sale of Leesburg Retail Center

SRS Real Estate Partners has  announced the $7.475 million sale of  Leesburg Marketplace, a 81,071-square-foot multi-tenant retail center at 1101 W. North Boulevard in Leesburg, FL.

SRS Managing Principals Kyle Stonis and Pierce Mayson represented the seller, a private investor based in Florida. The property was purchased by Florida-based JTT Eagles, LLC.

Situated on 9.35 acres in a primary commercial and traffic corridor, the neighborhood center is 90-percent occupied and anchored by Ollie’s Bargain Outlet and Dollar Tree.

“Retail assets in Central Florida are still receiving significant interest and activity despite recent capital markets challenges,” said Mayson. “Investor appetite for proven discount tenants and well-located product remains strong and it continues to pencil.”

Located 40 miles northwest of Orlando and 12 miles south of The Villages, Leesburg Marketplace fronts US-441, a primary retail and commuter corridor, and includes several national retail tenants.

Connect

Inside The Story

SRS Real Estate Services

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action