Cross Court Plaza
Cross Court Plaza is a Planet Fitness and Dollar Tree anchored shopping center located in the heart of the Burlington retail corridor. The center is shadow anchored by Target which provides strong consumer draw to the asset. The current vacancy of nearly 10,000 SF provides opportunity to increase income upon stabilization.
72% of Cross Court Plaza's income stream comes from nationally recognized tenants with a strong mix of recession and e-commerce resistant tenants. The Center has a compound annual growth rate of 4.5% over the initial 11-year hold and there is an opportunity for future break-up value with a free-standing Red Robin pad.