Available For Sale - Retail

17,003 SF | Show Pricing $

AVAILABILITY DETAILS

Size
17,003 SF
Price/SF
Show Pricing $
Listing ID
SA430037
Notes
"OFFERING SUMMARY



Price: $5,340,000



Current Net Operating Income @ 100% Occupancy ±$280,407

Current Capitalization Rate: ±5.25%

Price Per Square Foot : ±$314

Net Rentable Area: ±17,003

Year Built: 1985

Lot Size (Acres): ±1.11



FINANCING SUMMARY

All Cash or Cash to New Financing



Internet Resistant Multi-Tenant Retail Investment:

• 100% occupied, ±17,003 square foot, 12 tenant investment including Papa Johns Pizza,

Subway, Metro PCS, Jackson Hewitt Tax Service and Salon Centric

• Historical long term tenancy with many tenants at the center more than 15 years.

• 1985 Construction

Ease of Management:

• NNN leases with all Tenants

• Strong visibility and signalized intersection. Daily traffic counts in excess of ±45,000 C.P.D"
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Brian Melkesian, Lee & Associates
BRE# 1839590