IN-PLACE CASH FLOW WITH UPSIDE POTENTIAL Avison Young is pleased to exclusively offer for sale Rosemont Village Shoppes (the “Property”), a neighborhood center totaling ±42,780 square feet in Orlando, FL that was originally developed in 1986. With occupancy at over 87% and solid in-place income, Rosemont Village Shoppes is an extraordinary investment opportunity that will not only produce long-term cash flow for the owner, but also offer significant value enhancement potential through the lease-up of the vacant space and the development of additional shop space at the site. The property will be taken to auction unpriced. It will be available for purchase via Ten-X from February 27, 2017 - March 1, 2017. The buyer must register online at Ten-X to bid on this asset. 4433 & 4523 Partnership. Performance. N PINE HILLS ROAD ORLANDO, FL Joshua Ladle Retail Investment Sales 954.903.1820 [email protected]ROSEMONT VILLAGE SHOPPES Steve Tanner Senior Vice President 407.440.6652 [email protected]John K. Crotty, CCIM Principal - Investment Sales 305.447.7865 [email protected]Ray Hayhurst Senior Vice President 407.440.6642 [email protected](NOT INCLUDED)
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IN-PLACE CASH FLOW WITH UPSIDE POTENTIALAvison Young is pleased to exclusively offer for sale Rosemont Village Shoppes (the “Property”), a neighborhood center totaling ±42,780 square feet in Orlando, FL that was originally developed in 1986. With occupancy at over 87% and solid in-place income, Rosemont Village Shoppes is an extraordinary investment opportunity that will not only produce long-term cash flow for the owner, but also offer significant value enhancement potential through the lease-up of the vacant space and the development of additional shop space at the site.
The property will be taken to auction unpriced. It will be available for purchase via Ten-X from February 27, 2017 - March 1, 2017. The buyer must register online at Ten-X to bid on this asset.
TERMS: Buyer is responsible for 5% buyer’s premium. There is a 1% co-broker fee.
OFFERING PROCEDURE: The Property will be available for purchase on Ten-X. Bidding will end March 1, 2017. We encourage all interested parties to execute a confidentiality agreement at their earliest opportunity to gain access to the Ten-X due diligence site.
PROPERTY TOURS: Interested parties must execute a confidentiality agreement and schedule a pre-arranged time with the brokers prior to touring the property. No one is allowed to tour the property alone and/or disturb tenants. Please call Steve Tanner to setup a tour in advance.
Process
February 27, 2017- March 1, 2017Auction Date. Buyers must familiarize themselves with the Ten-X process:
A: Click here to view Rosemont Village Shoppes on Ten-X. (Event Item #: B201-124)
B: Register with Ten-X to execute a confidentiality agreement and gain access to all of the due diligence documents prior to bidding on the property.
C: Make a bidder deposit. Winning bidder’s deposits will be applied towards the earnest money deposit. Non-winning bidder’s deposits will be refunded.
D: All bidders will provide a bidder qualification form and recent bank or brokerage account showing the availability of funds.
E: Once a bidder has won the auction, they will be contacted to execute the purchase and sale agreement. Purchase and sale agreement is non negotiable and will be provided in the due diligence site.
