JLL Brokers $12.5 Million Sale of Tri-Cities Shopping Plaza Outside Orlando

Mount Dora, Fla. — JLL has brokered the $12.5 million sale of Tri-Cities Shopping Plaza, a 76,172-square-foot retail center located in the Orlando-area community of Mount Dora. Brad Peterson and Whitaker Leonhardt of JLL represented the seller, SunCap Opportunity Fund, in the disposition of the property to Ross Realty Investments Inc. The center was 96.2 percent leased at the time of sale to tenants including Ross Dress for Less, T.J.Maxx, Dollar Tree, Papa John’s, China 8 Restaurant, Uptown Nails, VIPcare, Painting with a Twist, LaRue Key Salon and Lake Regional Urgent Care. Hobby Lobby shadow-anchors the property, which is located at the intersection of U.S. Highway 441 and Eudora Road.