Listed by Landmark Commercial Real Estate Services
$3,200,000
Liberty Plaza Shopping Center - 44905 Morley Dr
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 21,756
NOI $75,000
Occupancy 56%
Tenancy Multi
Lease Type Gross
Price per SqFt $147
Acreage 2.900
Zoning B-2
Investment Type Owner/User
Shopping Center For Sale with Hall Rd Frontage
Marketing description
For Sale
Investment highlights
- Prime Owner/Operator Investment Opportunity
- This well-maintained shopping center offers strong income and excellent potential for value-add investors.
- Gross Income: Approximately $190,000
- Expenses: Approximately $114,219
- Net Operating Income (NOI): Approx. $75,000
- Pricing: $147 per square foot — Priced to Sell!
- The property features four long-standing tenants on gross leases, providing stable cash flow with upside potential through conversion to NNN leases.
- Hall Rd frontage, this center benefits from steady traffic and excellent accessibility.
- Additional value-add potential includes a turn-key vacant restaurant space complete with FF&E and a liquor license.
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
2.34%
Cap Rate
2.34%
ROI
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