Sunrise Town Center

Nature: shopping center ‘neighborhood shopping center’ type, 'shadow anchored' by Wal-Mart
Location: Sunrise, Florida, a suburb of Fort Lauderdale
Year of building: 1989
Purchase date: 03-12-2003
Purchase price ($’000): 13,970
Rentable surface area (sq.ft.): 128,124
Gross annual rental income ($’000): 1,206 (as of 1 January 2010)
Parking spaces: 674
Most important tenants: L.A. Fitness (41% of the surface area, lease expires November 2016); Office Depot (19%; June 2013)
Occupancy rate: 85.5% of total rentable surface area (as of 1 January 2010)
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