Market Square was built in 2004 and is located on the southeast corner of US 41 (Tamiami Trail) and Daniels Parkway in Ft. Myers, Florida. The property consists of an 18,300 s.f. Cost Plus, a 15,217 s.f. Petco and a 10,079 s.f. vacancy. The property is part of a regional power center, which includes a separately owned Target Greatland, American Signature Homes and a free standing Barnes & Noble. In addition, Smokey Bones, Longhorn Steakhouse and Macaroni Grill are on adjacent out parcels.
The intersection where Market Square is located contains over 1 million square feet of retail space and is the primary regional shopping destination for residents of Ft. Myers and Cape Coral. There are over 100,000 residents within five miles of the property and the Naples/Ft. Myers population is expected to grow by a modest 2.4% by 2014.