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Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker - is pleased to offer prospective investors the opportunity to acquire Mainstreet at Boynton, a dominant, 52,152 square foot grocery-anchored center located in the highly affluent and rapidly-growing South Florida community of Boynton Beach, Palm Beach County, Florida. Constructed in 2021, the property is currently 100% leased to a high-quality roster that is 90.5% comprised of national tenants and led by Sprouts Farmers Market.
This offering represents a highly attractive opportunity to acquire a dominant grocery-anchored center in a growing coastal Florida market with an impressive weighted average remaining lease term on all tenants within the property of over 12 years.
- Diverse Tenant Roster 90.5% leased to national tenants and ideally tailored to the modern retail consumer
- High traffic, high visibility location at the intersection of two of Boynton Beach's busiest thoroughfares with a combined average daily traffic of 88,500 vpd.
- Optimal investment profile of income security and revenue growth
- Strong traffic generating grocery anchor