Listed by Highmark Real Estate
$2,800,000
🚨COMMERICAL STRIP MALL FOR SALE🚨
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,250
Net Rentable (SqFt) 8,250
Units 8
Cap Rate 6.93%
NOI $194,000
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $339
Year Built 1968
Year Renovated 2022
Buildings 1
Stories 1
Acreage 1.150
Zoning N/A
Parking Spaces 35 spaces
Parking Per SqFt 4.24
Ownership BD 23 Wash LLC
Retail | 6.93% CAP | 8,250 SF
Marketing description
Be first to own this unique strip mall in a highly desirable area with many surrounding corporations and hotels on busy highway location Buyer can add two levels of apartments to existing structure can add 16 apartments to make this great investment much better!
Investment highlights
Booming area 8 minutes away from Bridgewater mall and many corporations and hotels
Can add 2 stories and build 16 apartments
Listing Contacts
Listed by Highmark Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$194,000.00
$16,166.67/mo
Valuation Metrics
0
DSCR
6.93%
Cap Rate
6.93%
ROI
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