Listed by NAI Isaac
$4,450,000
Festival Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 41,176
NOI $334,994
Occupancy 100%
Broker Co-Op Yes
Buildings 2
Stories 1
Acreage 3.730
NAI Isaac is pleased to present an investment opportunity for Festival Plaza, a +/-41,176 SF center.
Marketing description
NAI Isaac is pleased to present a great investment opportunity for Festival Plaza, a +/-41,176 SF retail shopping center adjacent to Barren River Plaza (the largest shopping center in Glasgow). Anchored by Hibbett Sports, Shoe Sensation, TJ Fit for Life and La Nacional. Barren River Plaza is anchored with Ruler Foods by Kroger, Marshalls, Five Below, Bealls, Harbor Freight and TJ Samson Community Hospital Health Pavilion.
Investment highlights
- +/-41,176 SF retail shopping center adjacent to Barren River Plaza (the largest shopping center in Glasgow)
- Anchored by Hibbett Sports, Shoe Sensation, TJ Fit for Life and La Nacional
- 100% leased with a mix of national and local tenants
- Barren River Plaza is anchored by Marshalls, Ruler Foods by Kroger, Five Below, Bealls, Harbor Freight and TJ Samson Community Hospital Health Pavilion
- Average daily traffic count of +/-19,136 VPD on Highway 31 Bypass
- Sale Price: $4,450,000
Listing Contacts
Listed by NAI Isaac
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$334,994.00
$27,916.17/mo
Valuation Metrics
0
DSCR
7.53%
Cap Rate
7.53%
ROI
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