Murdock Carrousel is a community anchored shopping center located in Port Charlotte, Florida and is shadow anchored by Lowes Home Improvement. The Property is anchored by Havertys, Office Depot and Earth Origins Market, a specialty grocer. Additional notable tenants include Comcast Xfinity, Five Guys, Edward Jones, Aaron’s, Hear USA, Subway, Leslie's Pool Supplies, Tint World, Heartland Dental, and Eye Centers of Florida. 84.5% of the occupied square footage and 80.4% of the PGI is derived from national tenants.
The Property is situated at the heart of the main retail corridor in Port Charlotte on Tamiami Trail/US 41, which features a traffic count of 51,000 cars per day. Within a 5-mile radius, the population has grown by nearly 43% since 2000 and features an average household income (AHHI) of $70,782. The area is largely composed of year-round residents with 77.85% owner occupied housing units. Over 81% of the housing stock is single family detached product. The unemployment rate, in the same distance metric, is 5.77% as of November 2021.
actively looking to acquire a mix of distressed, mismanaged and undervalued commercial properties in florida's major markets and select cities inthe south eastern united states.
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