Eagle Ridge Shoppes Trades for $9.1M

Groveland Associates sold the Publix-anchored Eagle Ridge Shoppes in Groveland, FL for $ 9.1 million, or about $ 138 per square foot, to Fraga Properties.

Located at 7965 – 7985 State Road 50 in the Lake County submarket of Orlando, the 65,751-square-foot retail shopping center was built in 2007 on 8.98 acres. The property was approximately 80 percent leased at the time of sale to tenants including Great Clips and Subway. A Burger King outlot ground…
South Florida Commercial Real Estate News From CoStar Group