| Property Use Type: | Investment |
| Type: | Shopping Center Neighborhood Center |
| GLA: | 60,439 SF |
| Lot Size: | 5.20 Acres |
| Occupancy: | 100.00% |
| Price: | $3,500,000 |
| Price/SF: | $57.91 |
| Cap Rate: | 10.20% |
Property Description:
Bowling Center plus 15 additional retail units. 100% occupied, below market rents, excellent upside potential. Mostly NNN leases (2 are MG). Recent remodel. Land lease thru Jan 2055. Land possibly for sale for additional $12 million.
Net Operating Income:$357,300
Tenancy Type: Multiple
No Debt & Equity Information Provided
No comments:
Post a Comment