Ownership anticipates that prospective buyers take into consideration that the Offering is being presented as a rare owner/user opportunity within a grocery-anchored retail development, well below replacement cost with solid locational/demographic attributes.
The property is positioned at the center of the Wildwood Town Center development, an approximate 350,000 SF mixed use development that includes retail, office, senior living as well as a proposed expansion that will add single family and multi-family components. The
Wildwood Town Center is a vibrant community gathering place that primarily serves the highly affluent Wildwood submarket. Within a 5-mile radius of the Offering there is a population of 84,932 residents with an average household income of $186,146. Within a 3-mile radius there is 2.1 MSF of retail, 979k SF of office and 488k SF of industrial development.