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 rents	•	Tremendous upside
•	Great exposure from Route 66	•	First 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

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

Claremont Shopping Center For Sale $2,800,000

Property Use Type:Investment

GLA:	13,550 SF
Lot Size:	32,666 SF
Occupancy:	100.00%
Price:	$2,800,000
Price/SF:	$206.64
Year Built:	1962

Property Description:
The subject properties 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!!!

Financial Summary Actual

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