Description:
St. John’s Plaza is a Publix anchored shopping center with 116,876 RSF built in 1985 on 17 acres on US Highway 406 in Titusville, Florida just 30 miles east of Orlando. The center is 100% occupied and has 15 total tenants including Belks, Advance America, Cingular, The UPS Store, Bealls Outlet (subleased from Eckerd/CVS) and Payless among others. The property currently has 770 parking spaces for a ratio of 6.3 spaces per 1,000 RSF. There are four entrances to the shopping center off of US Highway 46 which gives convenient access to the property with good traffic flow. The building is constructed of concrete block with a painted concrete and stucco exterior.

Location:
St. John's Plaza is located within the city of Titusville in Brevard County. Brevard County is located on Florida’s east coast just east of Orlando. The county contains over 520,000 permanent residents and is comprised of 14 municipalities. Brevard County is also famed as Florida’s Space Coast, home to the Kennedy Space Center Visitor Complex. St. John Plaza is part of the several commercial properties that line Highway 406, which is the city’s main east west corridor, and is surrounded by established residential developments (single and multifamily) off of this many artery. The immediate area is well developed since it is located only ½ mile from Interstate 95 which provides easy access to all of the coastal city along Florida’s Atlantic coast. Vacancy for neighborhood shopping centers in this submarket according to the 2005 Q2 REIS Report is 5.1%. The subject’s main competition comes from two Winn-Dixe stores one of which is location 1.5 miles north and the other that is located 2.5 miles south of the property. Wal-Mart Supercenter has been in the market for a number of years approximately 4.5 miles south of the subject. Total population within 3 miles of the subject center is 31,215 and has and average household income of $51,711.

Leasing Information

Mia Stierheim

Director of Retail
Colliers Abood Wood-Fay
95 Merrick Way, Suite 380
Coral Gables, FL, 33134
Phone: (305) 446-0011
Direct: (305) 447-7859
Fax: (305) 446-1907
mstierheim@colliersawf.com