SLC Commercial is pleased to offer for sale Westmoreland Plaza, an attractive, high profile 23,753 rentable square foot neighborhood center in Jensen Beach, Florida. The retail plaza built in 2005 and 2007 consists of two buildings on 2.989 acres of land. The first retail building was built in 2005 and consists of 6,353 rentable square feet. This three tenant building is occupied by Dunkin Donuts, Geico Insurance and North Fork Bait and Tackle Shop. The larger of the two buildings built in 2007 consists 17,400 rentable square feet and is occupied by La-Z-Boy Furniture. The Plaza is 100% occupied with the anchor tenant, La-Z-Boy Furniture, accounting for 17,400 square feet, which represents 73.2% of the plaza. La-Z-Boy just renewed their lease for a 10 year term. A total renovation of their showroom is currently pending. The plaza has been well-maintained, has a historically low vacancy rate, and requires minimal management. Two Pylon signs, one for the anchor tenant and the second for the in-line tenants, adds to the plaza’s visibility and exposure of approximately 400 feet of Federal Highway frontage. Don’t miss this excellent Investment opportunity.
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Retail Space
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