Description
Fully stabilized and Income Producing Multi-Tenant Retail Shopping Center For Sale. Current Net Operating Income (NOI) is $305,606. Shopping center consists of 11,800 SF of rentable space on 1.2 acres of land. The Center was built in 1992 and has 3 solid long-term tenants. Mattress Warehouse, large regional tenant since 2002; DXL (formally Men's Warehouse), national tenant since 1992; Pawnshop/Jewelry Store, tenant since 2013. The Pawn Shop /Jewelry store is a solid local tenant and the current operator owns 3 additional locations. This sale is subject to a 1031 Exchange. Seller has identified a replacement property already. Rent Roll available upon request.
Location
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 4th June, 2023 11:13 AM (UTC)
