Plaza Advisors is pleased to announce the sale of the Oakhill Village shopping center. The 103,427 square foot grocery anchored plaza is located ten miles northwest of the Orlando International Airport. The property is situated at the intersection of Hiawassee Road and Old Winter Garden Road and features a combined traffic count of 54,500 AADTC.
Oakhill Village was constructed in 1989, is situated on 11.43+/- acres and was 99% occupied at the time of the sale. The property is anchored by Dollar General pOpshelf. The trade area is largely built-out with considerable barriers to entry and contains over 120,000 residents in a three-mile radius.
Oakhill Village Associates LTD was the seller of the asset. Escape 22 Oakhill, LLC acquired the center. Plaza Advisors represented the seller. Alejandro Silbestein of Resma LLC represented the offshore investor.
Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties throughout Florida. Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks.