This won't Last, Commercial Retail center with 83 percent leased only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18 percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building is 7500 and each unit is at 1250 sq ft. With the 6 unit being rented out the property can operate at 9 percent cap rate.
|--||New Value: $1,775,000|
|2/24/2021 7:04:51 PM||New Value: Pending Bring Backup|
|7/9/2020 3:15:00 AM||New Value: $1,775,000|