Monday, September 15, 2008

Claremont Shopping Center For Sale $2,750,000

Property Use Type:Investment
Type:Shopping Center
Neighborhood Center
GLA:13,550 SF
Lot Size:32,666 SF
Occupancy:100.00%
Price:$2,750,000
Price/SF:$202.95
Year Built:1962

Property Description:
The total square footage includes an occupancy of six spaces that are 100% leased to long term tenants. The shopping center is anchored by the newly open Sprouts Market which is not a part of the investment. There is plenty of on site parking. Please do not disturb tenants!!!

Year:2008
Scheduled Gross Income:$176,912
Effective Gross Income:$171,605
Operating Expenses:$26,498
Net Operating Income:
$145,107
Tenancy Type: Multiple

No Debt & Equity Information Provided

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