Friday, December 26, 2008

Claremont Shopping Center For Sale $2,500,000


Property Use Type:Investment
Type:Shopping Center
Neighborhood Center
GLA:13,550 SF
Lot Size:32,666 SF
Occupancy:100.00%
Price:$2,500,000
Price/SF:$184.50
Year Built:1962

Rare investment opportunity!High traffic counts
Below market rentsTremendous upside
Great exposure from Route 66First time on the market in over 40 years


Financial Summary Actual
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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