LBX Investments

Alafaya Commons


Status: Active (Acquired on 6/28/18)

Site Plan - Alafaya.png


Alafaya Commons is a recently redeveloped Class B, 130,811 square foot neighborhood shopping center located in Orlando, FL

Key Attributes:
  • One mile away from the second largest university in the country, University of Central Florida (67,000+ population as of 2018)
  • Opportunities to beautify center and improve occupancy
  • On a hard corner with average daily traffic counts exceeding 100,000 VPD

  • Status:
  • Targeted Holding Period: 4 Years
  • Total Required Equity: $7,745,532
  • Annual Avg. Cash-on-Cash Returns to LPs: 12.3%
  • Projected IRR to LPs: 18.1%
  • Target Equity Multiple: 1.72x
  • Status: Active