Ellenton Premium Outlets
A retail property in Ellenton, Florida. Securitized in 2 CMBS deals between 2016 and 2026.
$198.0MAppraised value (latest deal)
84.4%Occupancy
$18.2MUnderwritten NOI
9.2%Implied cap rate
- Address
- 5103-5135 Factory Shops Boulevard, Ellenton, FL 34222
- Property type
- Retail · Outlet Center
- Year built
- 1991
- Size
- 477,175 SF
- Sponsor
- Simon Property Group, L.P.
- Loan purpose
- Refinance
- Largest tenant
- Lee Wrangler Clearance Center
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2016-UBS9 | 2016-03-09 | $332.0M | 99.3% | $19.6M | 5.9% | $38.8M | 53.6% | 424B | |
| WFCM 2026-C66 | 2026-03-30 | $198.0M | 84.4% | $18.2M | 9.2% | $18.0M | 60.6% | 2.31x | 424B |
Historical NOI reported in WFCM 2026-C66
| Period ending | NOI |
|---|---|
| 9/30/2025 | $19.7M |
| 12/31/2024 | $19.0M |
| 12/31/2023 | $18.8M |
More CMBS properties in Florida →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.