Business Description
- Retail Centers offered for sale individually or as a Portfolio of 4 Centers
- Long terms leases in places with high profile retail partners
- Over 290,000 sf of rentable retail space
- Four centers covering over 30+ acres with ample parking
Financial Summary
Retail Center - Location 1
$3,977,542 - Annual Gross Rental Income
$2,976,170 - Total Net Income
128,427 SF - Rentable Area
15.35 Acres - Site Size
Zoning - C-R2 (Commercial-Regional 2)
(Potential to be a mixed-use development in the future, but as of now this is a stabilized Retail Asset).
Retail Center - Location 2
$1,254,671 - Annual Gross Rental Income
$982,815 - Total Net Income
50,905 SF - Rentable Area
4.00 Acres - Site Size
Zoning - C-R3 (Commercial-Regional 3)
Retail Center - Location 3
$4,265,372 - Annual Gross Rental Income
$3,270,382 - Total Net Income
63,270 SF - Rentable Area
6.22 Acres - Site Size
Zoning - DC (Direct Control)
Retail Center - Location 4
$3,767,656 - Annual Gross Rental Income
$2,893,914 - Total Net Income
51,058 SF - Rentable Area
4.81 Acres - Site Size
Zoning - DC (Direct Control)
Expectation of a 6% to 6.5% is anticipated in the selling price.
