Listed by CMP Real Estate Group
$1,800,000
Alexis Road Shopping Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 19,520
Cap Rate 9.52%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $92
Year Renovated 2011
Acreage 2.390
Zoning C-R (Regional Commercial)
Parking Spaces 64 spaces
Parking per 1,000 SqFt 3.28
9.52% CAP Rate | Thriving neighborhood shopping center: prime investment opportunity
Marketing description
For Sale
Investment highlights
- The site is located a half mile away from major retailers such as Kroger, Target, The Home Depot, Lowe’s Home Improvement, Pet Supplies Plus and more.
- The center has a strong mix of longstanding tenants that provide great retail synergy within the center.
- Excellent value add opportunity
- The site provides easy access including two curb cuts and boasts excellent visibility with over 350’ of frontage on Alexis Road and three separate pylon signs.
- New roof installed in 2011.
Listing Contacts
Listed by CMP Real Estate Group
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Zoning
CR CommercialNeighborhood CommercialRegional Commercial
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