Leesburg Marketplace

Description:

SRS Investment Properties Group, as exclusive broker, is pleased to offer for sale, Leesburg Marketplace- an 81,071± SF neighborhood center, anchored by a Ollie’s Bargain Outlet and Dollar Tree - located in Leesburg, Florida within the Orlando MSA. In addition to synergistic anchors, Ollie’s Bargain Outlet and Dollar Tree, Leesburg Marketplace is occupied by an e-commerce resistant blend of predominantly national retail tenants, including Salon Centric, Armed Forces Career Center and Bonworth. Additionally, the Center provides a notable value-add component, via the lease-up of 7,591±- SF of available space, representing almost 9.5% of the Total GLA.

In addition to Ollie’s, which has anchored the Property since 2016, Dollar Tree just signed a new lease for 13,000± SF, solidifying Leesburg Marketplace as a one-stop shopping destination for discount-minded consumers.

Leesburg is situated along the banks of Lake Griffin, Lake Harris and Lake Denham, just 40 miles from rapidly-expanding metropolitan Orlando and 12 miles south of The Villages – one of the fastest growing communities in the United States, which grew 39% from 2010 to 2020 (from 93,000 people to 130,000). With an Avg. HH Income just over $75,000 within 5 miles and a projected annual growth rate of 1% through 2027; the trade area demographics are a great match with a healthy outlook, for the tenants at Leesburg Marketplace.

Leesburg is located roughly 40 miles northwest of Downtown Orlando, in Lake County, within the Orlando-Kissimmee-Sanford, FL MSA. A rapidly-growing community, Leesburg is situated 12 miles southeast of The Villages retirement community, amongst Lake Griffin, Lake Denham, Lake Harris and Lake Eustis – at the head of the Ocklawaha River System. Home to Lake-Sumter State College, Leesburg boasts a small town lifestyle and a wide array of outdoor recreation, with convenient proximity to the culture, attractions, professional sports and economic engine of nearby Orlando.

Accolades
#1 Vacation Destination in the World – WalletHub
#1 City in the U.S. for Job Growth – U.S. Dept. of Labor
American City of the Future – fDi Magazine
#3 City for Future Job Growth – Forbes
Best Performing Cities – Milken Institute