Sean Glickman, CCIM, Managing Director and Chris Smith Director of the retail capital markets at Cushman and Wakefield is proud to offer for sale this 98,666 SF, Winn-Dixie shadow anchored center in Arcadia FL. The property is anchored by 72% national credit tenants and 100% service oriented tenants such as Tractor Supply (Credit Rating A2), Goodwill, Hibbett Sports (Credit Rating C1), Pet Supermarket, Beef O Brady’s, H&R Block and more. Value Add potential thanks to 32% of rents below market as well as a potential outparcel additionThe property has good visibility and access with five points of ingress/egress. Surrounding retail centers feature many national tenants such as Bealls, Dollar General, Save-A-Lot, Wawa Walgreens and more. Leases expiring through 2026 are 32% below market. Value Add potential by adding an outparcel. The property is located on the main retail artery (SR 70)which leads to Sarasota and Bradenton in the east and Fort Myers in the South. Shadow anchored by a successful single tenant Winn-Dixie store (separately owned) may be available for sale in a separate transaction. Immediate vicinity features multiple national retailers such as Winn-Dixie, Publix, Walmart, Bealls, Dollar General, Save-A-Lot, Walgreens, Taco Bell, Culver’s,Planet Fitness, UPS, Verizon and more. NOI growth (10 yr CAGR) of 34.8% The trade area features multiple golf courses, RV resorts, and country clubs, as well as being located on the Peace River which offers many outdoor activities such as boating and fishing. 6 national tenants representing 72% of the GLA with 16 years average tenure of success at this center. Winn-Dixie is being acquired by Aldi. We expect this store to renovated and be re-branded as a new Aldi store. This should only increase the traffic flow into this center and improve the cap rate with a stronger brand. The roof was partially replaced in 2021 (57,000 SF) and has 17 years remaining on its warranty. Lights were converted to LED and multiple AC units replaced in 2023.