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We started snowbirding in 2019. Our first rental was in Sabal Chase, then Hemmingway, and we bought in Poinciana. We really appreciated how little traffic there was on 466A, but we knew it couldn't last.
I think our first winter, Lowe's was open and running, but I don't think the Trailwinds Publix was. But we could see the handwriting on the wall. With the non-Villages developments behind and around Trailwinds, we knew it was a matter of time before more commercial development would pop up on 466A. I'm not complaining. I'll be using those establishments just like most everyone else, but it was sweet while it lasted. |
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Or what made you think they were? |
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Imagine the traffic it will create on Micro-Racetrack and 466A. |
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https://www.talkofthevillages.com/fo...illage-241224/ |
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“This is a myth but…” basically it is true |
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From your link. What about the claim The Villages charges higher-than-average market rates for rent? That’s another myth; that The Villages charges too much rent for businesses to be able to survive. Every business knows the terms of their lease before signing a contract, and has included that in their pro forma. Any rent escalations are defined from the outset and are either fixed or tied to the federal Consumer Price Index. So there are no surprises on either end. There are properties within The Villages that require higher rents than others, but also many properties in the community that we do not own charge higher rents than we do. |
Because the store doesn't think based on the population and the cost of the store it won't be good for the shareholders.
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