For Sale
For Sale
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Year Built
1950 (Renovated 2011)
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Total Building Size
68,100 RSF
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Overview
Very well maintained property consisting of 8.8 Acres and 59,288 Rentable SF. 23 blended indoor and outdoor store fronts and an additional 2 pad sites that could be developed or sold. Current leased square footage is 73% (16,210SF Vacant) as of 7/1/2020. Average NNN per SF price is $16.76. Average gross lease per SF price is $17.72. Price calculated using a 6% Cap Rate on NOI. Full performance package, demographics, traffic study, environmental, and rent roll available to qualified buyers with signed NDA. Great leases including government and medical.
Property Details
Very well maintained property consisting of 8.8 Acres and 59,288 Rentable SF. 23 blended indoor and outdoor store fronts and an additional 2 pad sites that could be developed or sold. Current leased square footage is 73% (16,210SF Vacant) as of 7/1/2020. Average NNN per SF price is $16.76. Average gross lease per SF price is $17.72. Price calculated using a 6% Cap Rate on NOI. Full performance package, demographics, traffic study, environmental, and rent roll available to qualified buyers with signed NDA. Great leases including government and medical.
- Property TypeRetail
- Year Built1950Renovated 2011
- Sale Price$6,450,000
- Total Building Size68,100RSF
- Total Acres8.8
- Cap Rate6.0%
- Property ID2161587