| Property Use Type: | Investment |
| Type: | Shopping Center Community Center |
| GLA: | 44,182 SF |
| Lot Size: | 2.64 Acres |
| Occupancy: | 76.00% |
| Price: | $4,835,000 |
| Price/SF: | $109.43 |
| Cap Rate: | 6.01% |
| Year Built: | 1981 |
Property Description:This Plaza offers a new investor a number of ways to capture the property's upside: 1) Leasing the 24% vacancy. The property is a 9.41% CAP on 90% occupancy. 2) Improved management will help control expenses and increase CAM reimbursements. 3) CAM Reimbursements should be $0.32/SF per month; allowing for almost full reimbursement of expenses. 4) Low lease rates can be brought to market as leases roll. 5) Inland Plaza is high quality real estate with an excellent location and street identity. This is a very attractive property. 6) Low cost per square foot - the property is being offered at $109/SF, which is well below replacement cost.
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