Thursday, August 6, 2009

Monrovia Shopping Center For Sale $2,500,000


Building Sqft: 6850

CAP Rate: 4.56 %


Land Sqft: 29,670

Year Built: 1947

Parking Space: 34

Gross Schedule Income: $144,000

Net Operating Income: $114,000

Property Description:
Beautiful charming building totally remodeled for a market/restaurant. Distinguishing curb appeal and location on busy Foothill Blvd. Near transportation, banks, restaurants, services. This is a class A structure with 15ft ceilings, an old world atmosphere close to old town. A must see. A market business is in operation with a 10 year lease. This is an investment opportunity. Please use discretion when approaching. Parking, patios, offices, kitchen, etc.

No comments: