Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
Financials
Price:$1,600,000
Listing Courtesy of Trustpoint Realty, LLC.
The property is being offered as a value add neighborhood strip center with in place rents below current market levels and a strong owner user component.
Description
The property is being offered as a value-add neighborhood strip center with in-place rents below current market levels and a strong owner-user component. The center contains approximately 5,023 SF on a 20,323 SF lot and is positioned along a highly visible, high-traffic main roadway. The asset is in solid physical condition, with a new roof completed in 2019 and a recently resurfaced parking lot, limiting near-term capital requirements for a new owner. The offering presents clear upside through future rent growth, tenant repositioning and potential owner occupancy, making it an attractive opportunity for both investors and owner-users seeking a well-located retail property with built-in value enhancement.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11964764
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
