Southside Square 9041 Southside Blvd

Southside Square is a 36,870 SF retail center that is shadow anchored by Target, Home Depot, Academy Sports, Aldi, and Home Goods. The entire development attracts 3.1M annual visits, benefiting all the retailers from cross shopping. The center is comprised of national tenants Pet Supermarket, Five Below, Lenscrafters, and My Salon Suites, while also servicing local service retailers. The retail corridor is home to The Avenues a multi-level shopping center offering more than 1.1 million square-feet of shopping, The Avenues is home to four major department stores including Belk, Dillard’s, Forever 21, and JCPenney, plus more than 150 of the most exciting stores in Northeast Florida. Retailers include Aerie, Aldo, Build-A-Bear Workshop, Foot Locker, Finish Line, H&M, Journey's, LOFT, MAC Cosmetics, Victoria's Secret, and more. Power centers driving additional traffic to the surrounding area are home to Petsmart, Home Depot, Best Buy, Urban Air, and Walmart. The Southside Square rent roll benefits from strong rental increases throughout the initial and option lease periods allowing for strong hedge against inflation. Many leases are $5-10 PSF under market for current rental rates, which allows a future owner the opportunity to see significant NOI growth over the hold period.