Investment Overview
100% Leased 6-Tenant Retail Center
±9,649 SF on ±0.91 Acres | $3,125,000 | 7.00% Cap Rate
Investment Highlights
- 100% Leased 6-Tenant Pad Building with Improved Land Parcel Included in the Sale
- Diverse, Internet-Resistant, Service-Oriented Tenant Mix with Staggered Lease Terms
- Part of an Entertainment Center which includes an Aquatic Center, Movie Theater, and Ice Rink
- Located Within a 360-Degree Trade Area that Boasts over 210,000 people within a 5-Mile Radius
- Near High Traffic Volume Intersection with Over 44,000 Daily Cars at California & Union Avenue
- Fee-simple ownership (land & building) allowing for tax beneficial depreciation of the building and improvements