RIPCO Real Estate is pleased to offer for sale Griffin Farm at Midtown, a 125,131 SF commercial property located on the southwest corner of the signalized intersection of Longwood Lake Mary Rd and W Lake Mary Blvd in Lake Mary, FL. The property is 98.7% occupied, with a diverse mix of tenants, including major national retailers, restaurants, and entertainment venues. Griffin Farm is surrounded by luxury apartments, master-planned townhome communities, and mixed-use developments. Positioned 1.5 miles east of I-4, Griffin Farm at Midtown is centrally located in the Lake Mary community, drawing both local consumers and tourists alike. This intersection of Longwood Lake Mary Rd and W Lake Mary Blvd where the property is located has a combined AADT of 40,000. Within 3 miles of Griffin Farm at Midtown, there is a population of 65,739 and an average household income of $126,698.
The asset would be an attractive investment opportunity for investors looking for a luxury shopping center, positioned in the heart of an affluent submarket in Lake Mary, FL, occupied by a diverse tenant mix with a weighted average lease term (WALT) of 6.73 years, and located just 1.5 miles east of I-4, the major tourism interstate in Florida, connecting Tampa, Orlando, Lakeland, and Daytona Beach.