

REDEVELOPMENT OPPORTUNITY!
Retail | 6.10% CAP | 75,359 SqFt
Marketing description
Redevelopment Opportunity! All buildngs are Modular and not affixed to the land. Small retail center in unique location that would be hard to out position. Located at the NEC of Cardinal and Los Reales Rd, this unique property is usually 100% occupied by businesses serving the local residents. Property is flanked by a Circle K on the West and a recent Family Dollar on the East. Rents are fifteen to twenty per cent below market. Many tenants are long term. Property improvements are asphalt paving, water, sewer, electricity and fencing. Units are individually metered. Family owned since 1999. Below Market Rents for value-add opportunity. Area is rapidly growing. 4 Miles from Star Valley, a 1,400 acre master planned community for 7,000 homes. Several National homebuilders are actively constructing homes.
This is a Unique opportunity to redevelop (No Demolition expense) or use as is. Seller will cooperate with Buyer to utilize a 1031 Tax Deferred Exchange if buyer would need buildings affixed.
Cell Tower does not convey
Investment highlights
REDEVELOPMENT OPPORTUNITY!
Seller Financing
Below Market Rents
Stable Tenant Base
Excellent Local Traffic Corner
Flanked by Circle K and Family Dollar
Complete Rent Roll and Financials provided with Non-Disclosure Agreement
Creative Seller for 1031 buyers-Will affix structures to land.
Redevelop or use as is
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