Chapa Blue
Listed by Chapa Blue
$4,828,000
Santa Lucia I
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 15,152
Cap Rate 7.00%
NOI $337,960
Occupancy 100%
Lease Type NNN
Year Built 2019
Parking Spaces 79 spaces
Parking Per SqFt 5.21
Sale Condition For sale by owner
Retail | 7.00% CAP | 15,152 SqFt
Marketing description
The sale of Santa Lucia, 701 E Nolana Loop, is an incredible opportunity to enter this unique and growing market with a top-performing asset at an evergreen location.
Santa Lucia was delivered in 2019 and spans 15,152 square feet on approximately 1.5 acres. Its distinct stucco, tiled canopies, and exposed brick architecture have a striking presence along Nolana Loop, and surrounding destinations provide ulterior draws. Santa Lucia was built above average construction standards. It is a steel structure with cinder blocks around the base of the building and TPO roofing. There is only one vacancy left, and the current tenant mix is made up of local and regional chains; most have recently renewed and have five years remaining on their term.
Listing Contacts
Chapa Blue
Listed by Chapa Blue
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$337,960.00
$28,163.33/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
