Property showings will be held on Thursday, November 7th and Tuesday, November 12th. Please contact Kris Cooper at 404-995-2271 or Diane Roberts at 404-995-2273 to RSVP.
*PLEASE NOTE: THERE ARE OPTIONS AVAILABLE TO CLOSE THIS ASSET IN 28, 42, 56, OR 70 DAYS. PLEASE REFER TO THE PURCHASE & SALE AGREEMENT UNDER THE DUE DILIGENCE TAB FOR DETAILS* Auction.com and Jones Lang LaSalle (JLL) are pleased to exclusively offer for sale the 558,785 square foot Lake Square Mall (the Property), located in the greater Orlando area in the city of Leesburg, Lake County, Florida. The Property is anchored by Target, JC Penney, Sears, Belk, and AMC Theaters. The offering includes 470,943 SF consisting of 252,861 SF of anchors (excludes the non-owned Target), 201,854 SF of small shop GLA and the four outparcel buildings totaling 16,228 SF. Positioned in the retail hub of Lake County, the Property offers both residents and local tourists an attractive shopping destination. At 89.1% leased, including the recently opened 16,375 SF Shoe Dept. Encore and the recently signed 6,666 SF Ichiban Buffet, the Property is enticing to other mall retailers, especially as the countys only enclosed regional mall.
Leesburg, Florida is located approximately 45 minutes northwest of Orlando and one hour southeast of Ocala and accessed by Floridas major north-south thoroughfare, I-75. Located 12 miles east of I-75 on US Highway 44/441, a major east-west thoroughfare, it is the largest city in Lake County. The city has become a popular tourist and retiree destination in recent years. The population, driven by retiring baby boomers, is projected to grow at 7% from 2012 to 2017, with a corresponding increase in average household and disposable income.
Please click below to view a virtual tour of the property: