Remarks

High visibility retail strip centers with mix of stabilized income across (2) buildings and (7) in-place tenant leases and value add opportunity in the areas of roof line expansion, lease restructure and mark-to-market opportunities and lease-up of the (23) newly constructed self storage units with room to add up to (15) more. With a Net Operating Income of $223,469.09, the going in cap rate is 9.65% at the asking price.

Details

MLS#: 22200781
Price: $2,315,000

Style: Retail
Sq Ft: 19500
Year Built: 2020

County: Shelby
Subdivision: Other